Plebs Priced out Of Conference Tickets After BlackRock Tokenizes Them As a BRC 20 Token
By Richard Greaser
BlackRock has officially begun tokenizing Bitcoin conference tickets as a BRC 20 token on the Bitcoin blockchain, causing the price of tickets to shoot up exponentially as degens speculate on the price of them.
A general admission ticket shot up from $399 to almost $5000, or close to the price of a whale pass overnight. Many are speculating that the increase in price could be due to speculation of future announcements of certain speakers like Taylor Swift.
On the other hand, many are speculating that BlackRock is attempting to price out plebs from attending Bitcoin conferences so that only the elite Bitcoiners can see Michael Saylor say live the same things he says on all the podcasts he goes on.
Udi applauded the move by BlackRock, saying that, “Pricing plebs out of conference tickets is exactly how we get more people into Bitcoin. Making conference tickets expensive makes conferences magical again.”
Larry Fink commented on criticism of causing rapid price increases to tickets by saying, “It’s important to tokenize everything possible to allow them to be traded and find the market price. Stakeholder capitalism is the future. Don’t be mad at me, but instead be mad at how much demand there is for these tickets.”
Many are concerned that BlackRock’s control over tickets and ticket pricing could mean that BlackRock will gain control over conference programming. There is speculation that many talks this year will center around ESG, KYC, and bending backwards to comply with the state.
Bit Block Boom, initially launched as a conference for plebs, has been shifting focus to cater to the upper echelons of the Bitcoin intelligentsia. BlackRock has been working to tokenize their conference tickets as well.
Unfortunately, plebs cannot buy fractions of conference tickets, yet. It would seem that plebs will likely choose to buy Bitcoin instead of artificially inflated tokenized conference tickets, where they go to sit in chairs for companies to sell them stuff from the stage. Some are suggesting the importance of activating CTV in order to allow for conference tickets to be shared across different UTXO’s.
Plebs are finding that if they want to be sold stuff by Bitcoin companies, they can instead sit and listen to podcast sponsors from the comfort of their homes, without spending lots of money on travel, lodging, and tickets.
Strangely enough, it would seem that BlackRock’s attempts to tokenize conference tickets will have the effect of making plebs much richer in the long run.
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