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Blackrock ETF. Not your keys, not your crypto.

Bitcoin Reddit

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Wondering how Blackrock is going to secure their (Our) crypto. They will have to be transparent about it, and they will need to grow a huge Cybersecurity team. There are a lot of people who are afraid of investing in Bitcoin because they're not technical enough to store their private keys. EFT could be a way out for them, but the same risk remains. What if Blackrock gets hacked? The more they own, the more they are going to paint themselves as a huge target. Imagine an EFT worth billions that would go to zero in an instant, that would be devastating to this space.

submitted by /u/ParanoidAI
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