Vlad Costea, the host of the Bitcoin Takeover podcast, has raised concerns about a possible scenario where major institutions, such as Blackrock, could attempt to gain control over Bitcoin by forking the cryptocurrency. He suggests that they may use the existing ticker symbol, BTC, to lend legitimacy to this new version.
Costea poses the question of whether a takeover of Bitcoin led by Blackrock is feasible, expressing his belief that it could indeed happen. This perspective has stirred a mix of reactions among the Bitcoin community, with many expressing dissatisfaction over the notion.