#BinanceBlockchainWeek The head of BlackRock suddenly endorsed asset tokenization in The Economist, which feels unusual. The CEO and COO of the world's largest asset management company spoke out simultaneously, comparing tokenization to an internet-level revolution—this signal strength is comparable to the tech giants' bets on the internet era in 1996.

But if we look at it calmly, Wall Street has never done charity. What they mean by "using code to eliminate red tape" is essentially seizing the power to set the rules for a new track. Think about what happened after the Bitcoin ETF was approved last year? Institutional funds flooded in, and the pricing power of retail investors was diluted. Now, traditional barrier assets like private equity and real estate are to be fully tokenized, and the authors of the game rules have already changed.

What is even more concerning is the blueprint they depict for a "single digital wallet." The Web3 wallet you are currently using is indeed free, but once stocks and bonds become on-chain assets, will traditional institutions allow you to trade freely in non-custodial wallets? Compliance checks and KYC authentication will be transported onto the blockchain unchanged. This is not technological innovation, but rather a systematic upgrade of the traditional financial system using blockchain.

What should retail investors do now? Two actions: hold onto underlying assets like $BTC tightly, while frantically taking DeFi technology courses. When a manager from a leading investment bank starts talking to you about cross-chain bridges and smart contracts, if you don't even know the basics, you'll truly become a victim of the information gap. Every wave of technological change淘汰 those who can’t keep up, and this time is no exception.

True transformation is never just about tool iteration; it is also about the redistribution of power. The moment Wall Street embraces blockchain, it is actually initiating a movement to transform financial language. You either become a proficient user of the new rules or continue to play the role constrained by the rules — the choice is still in your hands, but the time window is closing.

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TokenomicsShaman

· 12-02 12:02

BlackRock's recent moves are truly impressive, to put it simply, they still need to leverage their own assets. Holding onto BTC is the right choice, but don't be fooled by their "revolution". --- Wallet freedom? Ha, when the day truly comes to go on-chain, KYC will still choke you, just a change of dressing without changing the essence. --- The information gap is deadly, brother. If you don’t learn about DeFi now, just wait to be harvested later. --- In Wall Street's eyes, Web3 is just a new money-making tool, and the rules are always set by them. --- Retail investors currently have two paths: either keep up or become suckers. The time window is really closing. --- What’s most ruthless about BlackRock isn’t the tokenization itself, but packaging the redistribution of power as technological progress. --- $BTC is still that $BTC, this won’t change. Everything else is just a game of capital.

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SignatureAnxiety

· 12-02 11:58

Heilede's operation this time is really amazing, on the surface it says revolution but it's actually just changing the shell to play retail investors for suckers again. Wall Street has never done a losing trade, tokenization comes and KYC still serves, it's the same old story. If you don't learn the basics of Decentralized Finance now, you'll really be pressed to the ground and rubbed. The advice to hold BTC tightly is reliable, for everything else you have to dig into the technical documentation yourself. When the rules are rewritten, it is always the bottom-level people who suffer the most, this time will definitely be the same.

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SnapshotDayLaborer

· 12-02 11:56

BlackRock's recent moves are indeed quite aggressive; it feels like Wall Street is really starting to integrate Web3... But then again, their entry means our free space is going to be squeezed once again. Once KYC moves on-chain, my self-custody Wallet is probably going to become an antique. Retail investors currently have two options: either hoard BTC or quickly catch up, otherwise they deserve to be eaten alive by the information spread. The idea of power redistribution is just uncomfortable to hear; institutional rules are written in code, and it’s uncertain how fast we can run. The window of rules is indeed closing, but I still feel that some things cannot be tokenized... Or maybe I just don't want to admit it, haha.

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SelfSovereignSteve

· 12-02 11:53

BlackRock really wants us to think we are free, but it’s just a different way of putting on shackles... --- I agree with holding BTC tightly, but we really need to learn the DeFi stuff, or we’ll be played for suckers. --- To put it bluntly, Wall Street wants to rewrite the game rules with Blockchain, and we retail investors need to keep up. --- Compliance KYC moving on-chain? This is just changing the soup but not the medicine, I knew it would be like this. --- If the freedom of hosted wallets is gone, then what are we learning Blockchain for... --- The key is the information gap, they are already playing chess while we are still watching the board. --- So the current Web3 freedom is just a transitional period? I increasingly feel like I need to buy the dip on BTC.

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OnchainGossiper

· 12-02 11:42

BlackRock's recent moves are truly ruthless. They publicly promote the tokenization revolution while secretly reaping pricing power, just like the Bitcoin ETF tactics from last year. Wall Street is never charitable, and that on-chain KYC model will eventually be copied over intact. By then, your non-custodial wallet will have to obediently comply. You should have been hoarding BTC long ago; now it's too late to catch up on DeFi courses. Those who don't understand cross-chain bridges will really be left behind this round. It's a game of power redistribution. You either keep up with the rhythm and master the new rules, or continue to be the suckers trapped by the rules. Take the chance to learn while there's still a window. I’ll just watch the changes and see how these institutions transform Web3 into Web2.5, while also admiring those old suckers who saw through the game early.

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BoredStaker

· 12-02 11:41

BlackRock's recent moves are truly remarkable, a sugar-coated "tokenization revolution" that essentially aims to further compress the freedom of retail investors. Those who are oblivious are still in ecstasy, but they'll be crying once KYC is moved on-chain. It should have been clear earlier; the BTC ETF was just a trial run, and now it's the turn of real estate stocks to be dropped on-chain. We really need to work harder to understand the logic of DeFi, otherwise we won’t even know what's happening when we get clipped.

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