BlackRock Has a New Bitcoin Video Ad—And Bitcoiners Hate It

The world’s largest asset manager BlackRock just debuted a new advertisement proselytizing the virtues of Bitcoin, but rather than cheer on the Bitcoin ETF issuer for its efforts, Bitcoiners aren’t happy.

The video, which is on his X account on Tuesday.

And despite being just a footnote in the video, crypto observers have now latched onto the disclaimer and raised alarms.

“This is the problem with tradfi,” Solana co-founder Anatoly Yakovenko commented on X, referring to traditional finance and Wall Street. “They see crypto as an investment into a thing external to them,” he posted. He then challenged both BlackRock and Saylor to commit to running their own full nodes—that is, the software that operates the Bitcoin network—and guarantee they would only ever support the fork that maintains a fixed 21 million supply.

“They need to become the decentralized network, not be investors of it,” Yakovenko said.

This is the problem with tradfi. They see crypto as an investment into a thing external to them. What blackrock and saylor needs to commit to is that their own full nodes will always guarantees 21m supply and they will only call the fork that their full nodes foll