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He notes Gulf states are moving away from Treasuries, investing in equities and AI/robotics infrastructure. Dixon says BlackRock, managing 70% of foreign-owned US assets, acts as the intermediary for this capital.
Quittem says Bitcoin's move from a 2018-2022 monoculture to diverse factions like finance and ordinals is a mature growth phase, not a negative sign. If Bitcoin is the best money, everyone from BlackRock to basement anons will want a piece.
Held counters institutionalization critics by saying BlackRock and MicroStrategy make Bitcoin 'too big to fail' for regulators. This political hardening provides censorship resistance by making it too expensive for governments to attack.
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