Is BlackRock Buying Bitcoin Miners to Control the BTC Ecosystem? – George Gammon

1 year ago
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[Part 1/2]: Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, delves into a crucial discussion with George Gammon, a seasoned investor and macroeconomics expert. Gammon expresses deep concerns about BlackRock's recent forays into the Bitcoin ecosystem, deeming them "worrisome" for the future of the cryptocurrency.

In this eye-opening conversation, Gammon highlights the potential risks associated with BlackRock's strategic move to acquire Bitcoin miners. He emphasizes the significance of this development, especially in the context of BlackRock's pursuit of SEC approval for a spot Bitcoin ETF.

Gammon doesn't stop there. He dissects the controversial Worldcoin crypto project, shedding light on its potential Orwellian implications if implemented on a global scale. Additionally, he provides insights into the realm of central bank digital currencies (CBDCs) and offers valuable advice on navigating financial systems beyond the confines of traditional banking.

Stay tuned for this insightful discussion that unravels the intricate dynamics of the modern financial landscape and its impact on the broader economy.
Follow Michelle Makori on X (formerly Twitter): @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on X (formerly Twitter): @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow George Gammon on X (formerly Twitter): @GeorgeGammon (https://twitter.com/GeorgeGammon)

00:00 - Intro
02:33 - Blackrock invests in Bitcoin miners
06:23 - Impact on Bitcoin
13:04 - Bitcoin in a CBDC world
18:16 - Updates on spot Bitcoin ETF
29:13 - CBDCs
33:44 - Worldcoin
41:52 - World Economic Forum (WEF)
48:42 - Chances of Worldcoin taking off, CBDCs
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