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is when a smart contract creator renounces the rights to it, sells all his tokens and quits the project — BUT the community decides to take over the idea's fate
VERIFICATED LINKSTOKENOMICS & AUDITSROADMAPBLACKPAPERWHO WE AREwait 3 sec...
WHO WE ARE
This company essentially owns the world. Most banks in the US and Europe are controlled by this company. BlackRock owns all the major pharmaceutical companies, most of the mainstream media, and about 10% of all the stocks traded in the world. And now they're coming to control governments.
Through all of this, BlackRock has managed to amass $11 trillion dollars of assets. The value of BlackRock is equal about half of the total GDP of the United States! It's so crazy that now even US and Chinese governments are relying on BlackRock to avoid recessions.
Through all of this, BlackRock has managed to amass $11 trillion dollars of assets. The value of BlackRock is equal about half of the total GDP of the United States! It's so crazy that now even US and Chinese governments are relying on BlackRock to avoid recessions.
Larry Fink, BlackRock's founder and CEO, now is on the boards of the influential Council on Foreign Relations and the World Economic Forum.
No single company in history has had such tremendous global influence. And the amazing thing is that BlackRock has achieved it in just 34 years.
No single company in history has had such tremendous global influence. And the amazing thing is that BlackRock has achieved it in just 34 years.
It all began with Larry Fink. Born into a wealthy family in Los Angeles in 1952, Fink always had a hunger for power. At first he aspired to a career in politics, earning a degree in political science from UCLA. But soon he realized that real power was not in politics, but in the money. That's when he began his banking and real estate career.
As a student, Fink immersed himself in the world of the rich and powerful, becoming a full member of the secret society Phi Beta Kappa, which included such personalities as Michael Bloomberg and the chairmen of Goldman Sachs.
As a student, Fink immersed himself in the world of the rich and powerful, becoming a full member of the secret society Phi Beta Kappa, which included such personalities as Michael Bloomberg and the chairmen of Goldman Sachs.
1952 — 1986
Phi Beta Kappa Society is the oldest honorary student society in the United States, founded on December 5, 1776. The society for students of higher education.
Using these relationships, Fink began his career in the mortgage bond department at First Boston, an investment bank in New York City. Here, Fink began his rise to global financial dominance.
However, in 1986, his risky strategies and ambitions led him to failure. By making a series of shady deals, Larry lost 100 million dollars in just a few months and his reputation was ruined. This led him to be kicked out of First Boston and Fink decided to use this failure to his benefit and promised that he would now focus on management and risk minimization.
Using these relationships, Fink began his career in the mortgage bond department at First Boston, an investment bank in New York City. Here, Fink began his rise to global financial dominance.
However, in 1986, his risky strategies and ambitions led him to failure. By making a series of shady deals, Larry lost 100 million dollars in just a few months and his reputation was ruined. This led him to be kicked out of First Boston and Fink decided to use this failure to his benefit and promised that he would now focus on management and risk minimization.
1988 — 2008
At the age of 36, unemployed, Fink teamed up with his old mates from Phi Beta Kappa and in 1988 BlackRock was founded. In short time, the company began to generate profits. In just five years, BlackRock grew from a $5 million value to over $8 billion dollars. However, everything was not so smooth sailing. Power struggles over BlackRock erupted between the founders. Larry wanted a bigger stake, and in 1995, he forced one of the co-founders to sell his stake in BlackRock for $250 million - a stake that would now be worth more than $12 billion.
After gambling his way to the top, Fink's path to world domination was irreversible. Each year he grew more powerful, but it still wasn't enough for his ambitions.
After gambling his way to the top, Fink's path to world domination was irreversible. Each year he grew more powerful, but it still wasn't enough for his ambitions.
BlackRock was critical in the development of the Mortgage Bubble that led to the collapse. The fund was one of the largest buyers of mortgage-backed securities issued under risky terms. BlackRock also actively lobbied for policies that fueled this market growth .
After the crisis, BlackRock played a major role in getting through the crisis. The fund was one of the largest investors in the bailout programs for financial institutions that were launched by the US and other governments. Moreover, BlackRock was actively involved in the reorganization of financial markets.
After the crisis, BlackRock played a major role in getting through the crisis. The fund was one of the largest investors in the bailout programs for financial institutions that were launched by the US and other governments. Moreover, BlackRock was actively involved in the reorganization of financial markets.
2008 — 2024
2024 — ∞
These days, BlackRock's iShares Bitcoin Trust ETF is gobbling up Bitcoin supply inexorably, actually taking over and imploding the entire cryptocurrency industry.
The worth of all BlackRock's holdings today:
The worth of all BlackRock's holdings today:
We are an unofficial fan representative of the company in blockchain, a decentralized stock meme. With a limited supply of 21 million tokens, our mission is to double BlackRock's global influence by becoming #1 token, furthering The Great Larry's vision.
Inimitable and unique, he serves as a benchmark for each of us to grow personally, as well as being a cooperative and progressive community!
...and, of course, we like some hot memes...
$11,500,000,000,000
BLACKPAPER
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ROADMAP
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No rights reserved. @2024 / BlackRock CTO
