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EVM Chains: What Is the Ethereum Virtual Machine?
Why is the EVM so important for blockchain adoption?
August 31, 2023
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EVM Chains are the bread and butter of the crypto space. In select cryptocurrency camps, the Ethereum Virtual Machine (EVM) is considered a non-negotiable feature that emerging blockchains need to support to stay relevant and attract users. 

If you sort the industry’s blockchains by TVL (Total Value Locked), 9 of the top 10 networks are EVM-compatible, with Solana (SOL) being the only exception to the rule.

What exactly is the Ethereum Virtual Machine, and why is it so important?

What Is the EVM (Ethereum Virtual Machine)?

The Ethereum Virtual Machine is a software environment that executes code and contracts on EVM networks. An easier way to think of it is to imagine a computer’s operating system. Regardless of whether you use an HP or Lenovo laptop, it’s easy to jump between the two because you’re ultimately communicating with the device through a Windows operating system.

Let’s apply this concept to the world of blockchain technology. The Ethereum Virtual Machine means that whether you’re using Ethereum (ETH) or Polygon (MATIC), things look and feel more or less the same. For example, you don’t need to memorize the Arbitrum (ARB) whitepaper to use crypto wallets like MetaMask or a dex like Uniswap on the Arbitrum network. 

Uniswap EVM chain list.

If you’re confident using one EVM Chain, you’re confident using all of them.

How Does the Ethereum Virtual Machine Work?

When you look closely at the EVM, you’ll find a complex system that runs tasks consistently. The Ethereum Virtual Machine is deterministic, meaning if you give it a specific task, it will always give the same result, no matter where it’s done or who does it.

This deterministic nature is crucial for the consensus mechanism of the EVM-based networks, ensuring all nodes harmoniously agree on the state of the blockchain.

The EVM operates on a unique set of instructions, allowing for the creation, deployment, and execution of smart contracts. These contracts, written primarily in a programming language called Solidity, are then compiled into bytecode. This bytecode is what the EVM reads, interprets, and executes.

When you initiate a smart contract transaction, the EVM springs into action. It processes the transaction, calculates the necessary gas fees, and updates the blockchain’s state

Another intriguing facet of the EVM is its Turing completeness, meaning it can perform any calculation that any other programmable computer can, provided it’s given enough time and memory.

How does this benefit the Ethereum blockchain? Well, it means that the EVM can execute any algorithm or program, granting Ethereum its iconic flexibility. This versatility helps developers create innovative smart contracts and Web 3 dApps (decentralized applications) on the Ethereum mainnet and other EVM chains.

Why Is EVM Compatibility so Important?

In an industry fraught with interoperability issues and complex bridging processes, EVM chains help to smooth the onboarding process and give users a sense of trust and familiarity with new networks.

EVM compatibility means that a blockchain can run the EVM and execute Ethereum smart contracts. This makes it easy for blockchain developers to port over existing contracts and ERC-20 tokens to a cross-chain environment and deploy crucial dApps, like decentralized exchanges or NFT marketplaces.

With the rise of multiple blockchains, each with its unique strengths like faster transactions and lower transaction fees, the ability to communicate and interact between them is of paramount importance. EVM-compatible blockchains integrate more easily than non-EVM chains, enabling assets and data to flow between different chains.

On top of that, operating an EVM helps emerging chains leverage Ethereum’s existing tools and infrastructure. Being a pioneer in the smart contract space, Ethereum has a rich ecosystem of DApps. EVM compatibility allows other blockchains to tap into this established ecosystem, benefiting from tried-and-tested tools and services without reinventing the wheel.

EVM networks vs Cardano

Looking at competing Layer-1 blockchains that don’t naturally support EVM compatibility, like Cardano (ADA), we see first-hand how difficult it is to onboard new users, especially in DeFi.

Despite Cardano having powerful tech in its own right, the network struggles to attract a user base as large as EVM chains like the BSC, Polygon, and Arbitrum. Cardano developers need to be proficient in the network’s dedicated programming language, Haskell, while all EVM chains use the same languages, like Solidity and Vyper.

What’s the Difference Between EVM-Equivalence and EVM-Compatibility?

Just when you thought you’d understood everything, there’s another layer of definitions. In today’s rapidly evolving industry, some blockchain ecosystems insist that simply being EVM-compatible is no longer enough. Teams like Polygon aim for EVM equivalence within the Polygon Proof-of-Stake sidechain and zkEVM.

Is there any difference between compatibility and equivalence?

EVM-Compatibility

EVM-Compatibility represents a blockchain’s ability to run the EVM and execute Ethereum-based smart contracts. An EVM-compatible blockchain can seamlessly integrate with Ethereum’s tools, protocols, and standards. 

Developers can deploy the same smart contracts across multiple EVM-compatible blockchains without major code modifications

EVM-Equivalence

On the other hand, EVM-Equivalence is a more profound alignment with the Ethereum ecosystem. An EVM-equivalent blockchain not only supports Ethereum’s smart contracts but also mirrors Ethereum’s state, account structures, and consensus mechanisms. 

It’s like a twin of the Ethereum network, sharing its DNA but existing as a separate entity. EVM-equivalent blockchains can synchronize with Ethereum’s state and offer a near-identical environment for dApps and contracts. 

While EVM-Compatibility offers a bridge to the Ethereum ecosystem, allowing for smooth functionality and integration, EVM-Equivalence is like walking in Ethereum’s shoes, mirroring its every step. 

Examples Of EVM-Compatible Blockchains

Now that we better understand what EVM Chains are let’s dive into a quick list of the top EVM-compatible blockchains in the crypto industry.

  • Binance Smart Chain (BSC) – With more daily users than any other network, BNB Chain is easily the most popular EVM chain. It introduced thousands of people to DeFi for the first time and was the first major low-cost alternative to Ethereum.
  • Polygon – Polygon is a multi-chain scaling solution for Ethereum-compatible blockchains building various EVM-equivalent networks.
  • Avalanche (AVAX) –  Another popular Layer-1 network, Avalanche is a decentralized platform tailored for custom blockchain networks and subnets. 
  • Arbitrum – Undoubtedly Ethereum’s most popular Layer-2 scaling solution Arbitrum boasts higher transaction throughput and lower gas fees than the Ethereum mainnet.
  • Optimism (OP) – The pioneers behind ‘rollup’ technology, Optimism was one of the first Ethereum Layer-2s. On top of being EVM-compatible, Optimism has one of the most committed approaches to decentralization among EVM chains.
  • Fantom (FTM) – Unlike its rivals in this list, Fantom isn’t technically a blockchain. The Fantom network is a directed acyclic graph (DAG) designed for scalability.
  • Celo (CELO) – Originally designed as a simple payment network, Celo has blossomed into a fully-fledged and functional EVM chain with plenty of dApps and tools for the budding DeFi enthusiast.

EVM Chain Pros and Cons

After the invention of Bitcoin (BTC) itself, the Ethereum Virtual Machine (EVM) is arguably the biggest revolution in the blockchain landscape, serving as the backbone for a myriad of decentralized applications and platforms. Of course, it’s not without its faults.

Pros

  • Interoperability – EVM-compatible chains can seamlessly interact with Ethereum-based code, allowing for smooth data and asset transfers between blockchains. 
  • Rich Developer Ecosystem – If you can build dApps on Ethereum, you can build dApps on any EVM chain. This means native Ethereum developers can spread their knowledge throughout the wider blockchain industry.
  • Standardization – EVM chains provide a standardized environment, ensuring smart contracts behave consistently across different networks.
  • Security – The EVM’s isolated environment ensures that smart contracts are executed securely, protecting the network from potential vulnerabilities and external threats.
  • Flexibility – The Ethereum Virtual Machine’s Turing completeness allows developers to craft intricate and versatile smart contracts, catering to various use cases and industries.

Cons

  • Scalability Issues – Even on separate networks like Avalanche and BNB Chain, EVM chains are vulnerable to gas spikes and network congestion. Competing networks like Solana and XRP charge consistent transaction costs regardless of network strain. 
  • Complexity – While the EVM offers immense flexibility, it also introduces complexity. Developers need to be well-versed in specific programming languages like Solidity and aware of decentralized development’s nuances.
  • Resource Intensity – Running and maintaining EVM nodes is resource-intensive and requires significant computational power and storage.
  • Learning Curve – For newcomers, the Ethereum Virtual Machine can present a steep learning curve, marking it difficult to come to terms with.

On the Flipside

  • While networks like Solana and Cardano don’t natively support EVM-based programs, independent teams have created EVM networks like NEON and Milkomeda that settle transactions on their respective Layer-1.

Why This Matters

In the current climate of the crypto industry, running an Ethereum Virtual Machine is essential if teams want to bring users to their blockchain. Without being EVM-compatible, the barriers to entry are too inconvenient.

As we can see, Cardano is a Top 10 cryptocurrency by market cap, but it has far fewer DeFi applications and TVL statistics than relatively unknown EVM-chains like Kava and Pulsechain.

FAQs

What are the top EVM chains?

In terms of usage and on-chain metrics, the top EVM chains are Ethereum, BNB Chain, Arbitrum, Optimism, and Polygon.

Is Cardano an EVM chain?

No, Cardano is not a native EVM chain. However, Milkomeda has created an EVM-based network that settles transactions on the Cardano blockchain.

Is Metamask an EVM?

Metamask is a crypto wallet compatible with all EVM networks, including testnets. While Metamask is not an EVM chain itself, it is EVM-compatible.

Is Binance an EVM?

Binance is a cryptocurrency exchange and trading platform, so it is technically not an EVM. That being said, the BNB Chain is an EVM-compatible network.

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ARE WE ALONE? Tonight on @SpecialReport a look at a new documentary on UAP's and what government officials may know about top secret programs.

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Institutional payments. Secure asset custody. Regulated stablecoins. Everything onchain.

It's happening: the convergence of crypto and traditional finance is accelerating the Internet of Value.

That’s a wrap for Ripple Swell 2025. We’ll see you next year, NYC! 🗽

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🇺🇸 Jerome Powell said banks are free to provide Bitcoin and crypto services

TRILLIONS incoming 🚀

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Custom AI assistants that print money in your sleep? 🔜

The future of Crypto x AI is about to go crazy.

👉 Here’s what you need to know:

💠 'Based Agent' enables creation of custom AI agents
💠 Users set up personalized agents in < 3 minutes
💠 Equipped w/ crypto wallet and on-chain functions
💠 Capable of completing trades, swaps, and staking
💠 Integrates with Coinbase’s SDK, OpenAI, & Replit

👉 What this means for the future of Crypto:

1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto 👉txns done by AI agents by 2025

🚨 I personally wouldn't bet against Brian Armstrong and Jesse Pollak.

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3I/ATLAS — Secret Laws Of Gravity
Unlocking the future of space travel through the precise calculation of time and orbital trajectories.

"My preliminary analysis suggests two principal hypotheses regarding the reported phenomenon known as '3I/Atlas':

  1. A Coordinated Psychological Operation (PsyOp): The phenomenon may constitute a calculated effort to manipulate public sentiment or induce fear, potentially preceding a planned, large-scale deception (referred to informally as 'Project Bluebeam').

  2. A Highly Anomalous Object: Alternatively, the phenomenon represents an authentic, significant anomaly warranting serious scientific or intelligence scrutiny.

Regardless of its origin, '3I/Atlas' represents an historically noteworthy development that necessitates close, informed observation."

 

~Crypto Michael | The Dinarian 🙏

Abstract Introduction:

New data is now showing something that arrived early and its changing colors as we previously predicted.

In orbital mechanics where trajectories are calculated centuries in advance with accurate precision measured in seconds.

A 11-minute deviation is not a rounding error.

It’s not a typo in the database.

It’s not close enough.

"It’s Physically impossible.”

Now The longest government shutdown in U.S. history still blocking NASA releases while the object executed its closest Fly-by approaches to Mars, The Sun and Venus at the moment of maximum observational blackout.

But orbital mechanics don’t care about “government shutdowns.”

Our observations Don’t Stop.

And the math doesn’t wait for “Press releases.”

The math says this:

“If 3I/ATLAS is natural, it should have lost about 5.5 billion tons of mass.”

It didn't.

1. The 5.5 Billion Ton Problem:

Let’s start with what everyone agrees on: 3I/ATLAS “now” arrived earlier than pure gravitational predictions would allow. Even though we have been mentioning this trajectory change over 2 Weeks ago (October 21st Article HERE) TRACKING 3I/ATLAS .

The scientific consensus explanation? “Natural outgassing” the "rocket effect." As water ice sublimates near the Sun, it creates thrust, like a slow-motion rocket engine powered by evaporating ice. Comets do this all the time. It’s normal. It’s natural. It’s explainable.

Except for ONE problem.

The Physics Don’t Add Up!”

To generate enough thrust to arrive approximately “11 minutes early” would require shedding a staggering amount of mass.

Our calculations show “over 5.5 billion tons” of gas ejected over the perihelion passage.

Think about that for a moment.

That’s not a little puff of vapor.

That’s not some gas leaking from surface cracks.

That’s 15% of the object’s total estimated mass.

If 3I/ATLAS lost that much material naturally, it would create a debris cloud larger than Jupiter’s magnetosphere—visible to amateur telescopes from Earth. Absolutely impossible to miss in professional observations, and bright enough to be catalogued by every sky survey on the planet.

1.1 ~ The Plume Paradox:

Here’s where it gets interesting:

No such cloud has yet to be observed.

Not by Hubble. Not by JWST. Not by ground-based observatories. Not by the Mars orbiters that watched it pass at 30 million kilometers.

The brightness remained within “expected limits.” The coma showed stable & geometric shifting features. The tail structure now disappeared (but that’s another story). The main one is that: “The debris cloud that should exist — simply doesn’t.”

This isn't a minor discrepancy.

This is complete, mathematical failure of the natural comet hypothesis.

Part 2: The Industrial Signature:

So if natural sublimation didn't create the thrust, what did?

The answer is hidden in the chemistry—specifically, in what shouldn’t be there. “The Nickel Anomaly.” When multiple astronomers analyzed 3I/ATLAS’s spectral signature, they found something extraordinary: “nickel vapor” (Ni) at extreme distances from the Sun, where temperatures should be far too cold for metals to vaporize naturally.

Nickel doesn't just evaporate on its own at those temperatures.

It needs HELP.

And there’s only one known process—natural or industrial—that produces a volatile nickel-carbon compound at cold temperatures which we have said several times previously;

Nickel Tetracarbonyl: Ni(CO)₄

This is not a natural cosmic process.

This is an “industrial chemical pathway” used on EARTH for metal refinement!!!

It forms at 120°C and decomposes at 180°C allowing nickel to vaporize at temperatures where water ice would remain frozen solid.

It is LITERALLY, an industrial refrigerant for metal processing.

The presence of Ni(CO)₄ in the plume tells us two things:

  • The core is not ice — It’s a nickel-rich, engineered structure.
  • The process is not passive sublimation — it’s an active, controlled system.

The nickel vapor isn’t contamination.

It’s not a coincidence.

It’s Exhaust.

3. Secret Gravity (SOEG) Model:

This is where our research team proposes something NEW.

We call it The “Self-Optimizing Ejection Guidance (SOEG) Model”

A Brand New Scientifically defensible framework that explains the acceleration not as chaotic outgassing, but as “controlled propulsion.”

The SOEG Model (Project EE / 3IE)

The System:
• Volatile Reservoir — CO₂ ice + Nickel-rich metallic core.
• Solar Heating — Perihelion triggers sublimation at optimal moment.
• Magnetic Ionization — Internal magnetic field ionizes nickel vapor into plasma.
• Anisotropic Jets — Plasma channeled through focused nozzles. (not random cracks)
• Thrust Optimization — Maximum momentum transfer with minimal mass loss.

Unlike natural cometary outgassing—which is chaotic, omnidirectional, and wildly inefficient. The SOEG Model Fully Represents: (CONTROLLED, DIRECTIONAL, OPTIMIZED PROPULSION.)

It’s the engineering solution to interstellar navigation: Using a “magnetofluidic drive” that uses the Sun’s + Nearby Planets & Star energy to activate a propulsion system that was BUILT.

The secret is in the magnetic field. By ionizing the nickel-carbon vapor into a high-velocity plasma jet, the system achieves thrust efficiencies that natural sublimation could never match.

This isn’t science fiction. This is “magnetohydrodynamics” the same physics that powers experimental plasma thrusters being developed by NASA and ESA for deep-space missions.

The difference?

We’re building prototypes…

Someone else already perfected it.

4. The Scientific Statistical Test:

Here’s what makes it undeniable.

Natural comets exhibit HIGH temporal variance in their acceleration parameters.

Technical terms like (A₁) and (A₂) that describe how thrust changes over time. Natural outgassing is messy, chaotic & unpredictable.

Our Prediction:

We formally predict that when sufficient post-perihelion data is published — expected from JUICE observations (data release February 2026) and ground-based telescopes through December 2025— 3I/ATLAS WILL show:

  • (A₂ parameter near zero) — phase-locked rotational coherence.
  • Temporal drift < 0.5σ — stability far beyond natural variance.
  • “Thrust vector alignment” with rotational axis — body-fixed engine signature.

If ALL 3 conditions are met.

The probability that 3I/ATLAS is a natural comet drops below 0.01% (a >4σ statistical rejection).

This is not speculation. This is a time-stamped, falsifiable prediction.

By February — March 2026, we will either be proven right or wrong.

The data doesn’t care about our theories. It only cares about what actually happens.

5. The Blue Hue 🔵:

Now there’s one more piece of evidence—and it’s visible to the naked eye (well, through a telescope). “The Color Anomaly.”

Natural comets scatter sunlight off dust particles, producing a yellowish-red glow. At 1.36 AU from the Sun, 3I/ATLAS should have appeared reddish-orange from thermal emission.

Instead, observers noted something strange: “A distinct blue fluorescence” in the coma.

What Blue Light Means?

Blue emission in a comet’s coma comes from highly ionized species—primarily “CO” (carbon monoxide ions) and certain excited metallic vapors. This requires enormous, “FOCUSED” energy to achieve.

You don’t get this level of ionization from passive solar heating. You get it from ~ Active Plasma Generation. The blue hue is the visible proof of the SOEG engine operating at perihelion. It’s the "engine glow" of a magnetofluidic drive generating high-energy plasma to achieve maximum thrust efficiency.

Compare:
- Natural comets (Hale-Bopp, NEOWISE, 67P, Etc.): Usual Yellowish-red dust scattering.
- Expected for 3I/ATLAS at 1.36 AU: Reddish-orange thermal glow.
- Observed in 3I/ATLAS: Distinct “Blue” plasma fluorescence.

This isn't subtle.

This is the difference between reflected sunlight and an active thruster firing.

5.5 ~ Convergence of Evidence:

Let's put it all together.

The Self-Optimizing Ejection Guidance (SOEG) Model is not speculation. It’s not wild theorizing. It’s one of the only frameworks that coherently explains:

✅ The early arrival— non-gravitational acceleration without natural explanation.

✅ The missing 5.5-billion-ton debris cloud — controlled thrust with minimal mass loss.

✅ The Ni(CO)₄ industrial signature — engineered propulsion chemistry.

✅ The blue plasma glow — active ionization system visible during perihelion.

✅ The statistical impossibility — phase-locked stability beyond natural variance. (pending verification)

However each piece of evidence, standing alone, is anomalous but potentially explainable.

Together, they form an interlocking pattern that demands a technological origin.

But then there’s the Silence.

Venus conjunction: Still offline.

This is not incompetence.

This is recognition.

THEY know something we’re still calculating.

December 19, 2025: 3I/ATLAS reaches closest approach to Earth at 167 million miles.

“If the calculations are correct, the 5.5-billion-ton debris cloud should be impossible to miss. Every telescope on the planet will be watching.”

All of this new information scheduled to be released should definitely include the following: High-resolution spectroscopy, morphological analysis, particle environment data and MOST CRITICALLY the astrometric parameters that will confirm or refute our SOEG model’s predictions.

“If the A₂ parameter shows phase-locked stability, the SOEG model is confirmed.”

Conclusion:

The Numbers Don’t Lie. The orbital path was not set by gravity alone. The acceleration was not powered by ice. The chemistry was not natural. And the timing is not “coincidental.”

3I/ATLAS is a message written in orbital mechanics, plasma physics, and industrial chemistry—a message we have “74 days” left to fully decode.

The mathematics are clear.

The predictions are calculated.

We don't have to speculate about what it is.

We just have to (wait) for the complete data packet to arrive.”

And when it does, one of two things will happen:

Either the natural hypothesis survives (unlikely, given the evidence). Or we confirm what the numbers have been screaming to us since October are TRUE.

Something pushed it. Something controlled it. Something arrived exactly when it needed to.”

Or The A-parameters will lock.

The plasma signature will confirm.

The debris cloud will be absent.

And the institutional silence will make perfect sense.

Because you don’t announce a discovery like this through a press release.

You announce it through a “Calculated Strategy.”

Analogy Conclusion:

The orbital path was set by laws that were not known,
For where the starlight failed, a force was subtly sown.

No dust and ice, but Nickel in the plume’s blue gleam,
A pulse of hidden power, of controlled, forgotten dreams.

The A-Parameter locks, The true secret of the sphere,
The Simultaneous Truth arrives, When all the numbers are near.

— Earth Exists

Additional Reference & Data Source Links 🖇️:

EARTH EXISTS Documentation:
- [Previous article. 35 Days of Silence — 3I/ATLAS]

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BlackRock Is Manipulating The Price Of Bitcoin👀

Blackrock possess a strategic depth that goes far beyond initial appearances. When the general market perceives selling and traders respond with emotion, these major players are often operating on a much more profound level. They adeptly identify and leverage every available mechanism to influence market dynamics. Their power isn't in direct control of the asset, but in understanding how to move the market without ever taking direct ownership.

What entity has become the most prominent corporate champion of Bitcoin ($BTC)?

It's the one with the massive treasury holdings, known as Microstrategy.

 

However, the major strategic challenge lies here: the size of their Bitcoin position is fundamentally linked to their external financing, typically in the form of debt.

This reliance on significant debt creates an inherent vulnerability—a dependence on creditors and shareholders. When an entity's position is highly leveraged, that dependence makes them susceptible to market manipulation or strategic pressure from external financial forces.

When a highly leveraged corporate holder of a significant asset (like $BTC) faces external financial stress, that pressure inevitably transfers to the asset itself.

Blackrock's goal isn't to induce a market crash, but rather to establish a dominant position and control.

Any substantial sale of major cryptocurrencies like $BTC or $ETH initiated by Blackrock, can be interpreted not as routine trading, but as a deliberate effort to manipulate market sentiment and pricing.

Blackrock is deploying a sophisticated combination of tactics: they simultaneously generate market volatility through strategic sales of the asset ($BTC) while accumulating shares in key corporate holders (the stock symbolized by $MSTR).

The deeper intent is to leverage this equity stake to direct the corporate strategy of the highly leveraged Bitcoin champion.

With a sufficiently large ownership percentage, this influence becomes highly effective. The resulting market power is therefore a function of both manipulating price movement and controlling corporate policy.

Is Microstrategy (the company represented by the $MSTR stock) vulnerable to this kind of pressure? The evidence suggests yes.

A substantial stake held by Blackrock grants them effective leverage to influence and manipulate the company itself.

When the company's shares experience a significant decline, the leadership is often compelled to take action, potentially buying back their own stock. This action is driven by the fact that falling share prices directly intensify financial and market pressure on the entire organization.

If the stock of Microstrategy continues a sustained decline, lenders will inevitably begin to re-evaluate and revise the terms of existing loans. This is a critical point of failure for the entire strategy.

The fundamental operational model of this corporate champion works like a closed loop:

  • It secures debt financing (taking loans) to acquire $BTC.

  • Alternatively, it issues new equity (selling shares) to acquire $BTC.

Crucially, the ongoing interest payments on this substantial debt are often managed by the mechanism of issuing even more shares, creating a continuous cycle of dilution and reliance on a high stock price.

A major consequence of rising leverage is the escalating cost of borrowing, requiring Microstrategy to source even larger amounts of capital.

The most straightforward solution—to issue and sell more stock—proved to be insufficient.

In fact, the situation worsened: the company’s recent attempt to raise funds through a stock offering did not fully sell out. This failure directly resulted in a significant liquidity shortfall, hamstringing Microstrategy’s ability to meet its financial obligations and continue its asset acquisition strategy.

And the ultimate shock came when Microstrategy—the very entity that vowed it would never liquidate its holdings—began to sell.

These weren't insignificant trades; the sales were valued at billions of dollars.

The key question now becomes: Does this sudden, massive reversal signal the imminent collapse of Microstrategy, or is it simply a necessary, albeit drastic, maneuver of 'business as usual' under extreme duress?

There appear to be two primary strategic objectives behind Blackrock's calculated moves:

  • Scenario A (Direct Dominance): Blackrock aims to neutralize its most prominent competitor (the corporate Bitcoin accumulator) in order to seize the title as the largest holder of $BTC.

  • Scenario B (Indirect Control): The institution’s goal is to establish absolute market control and influence, preferring to leverage Microstrategy to execute the most aggressive or politically difficult actions.

The outright financial destruction of Microstrategy is highly improbable. Such an action would trigger a severe market crash that could take years to fully repair.

The far more intelligent strategy is integration and control.

Under this model, Microstrategy remains operational, while Blackrock secretly dictates strategy. This allows Microstrategy to absorb the market blame for any necessary but controversial manipulation, a classic and often dirty tactic used by high-powered financial entities.

In the immediate future, the market will continue to exhibit strong reactions to the strategic maneuvers of Blackrock.

When they execute sales, it instantly captures headlines, is aggressively amplified by the media, and causes fearful retail traders ('weak hands') to panic and exit their positions.

Every decrease in price that results from this panic directly translates into a superior entry point for Blackrock. This clearly illustrates that the current market environment is driven purely by emotion, making it a survival game reserved only for those with the strongest resolve.

In the long run, the nature of $BTC will likely shift, moving away from its original ideals of being completely free and decentralized.

The vast majority of the available supply is projected to become highly concentrated within a small number of major corporations and investment funds.

Consequently, the price cycles will no longer be reliably tied to events like halvings or popular narratives. Instead, they will be driven primarily by government and central bank policy decisions, overarching macroeconomic conditions, and the internal political maneuverings of the world's most dominant funds and corporations.

Blackrock's goal is not to eliminate $BTC; instead, they are focused on constructing an elaborate system of control around the asset.

Microstrategy (the stock symbolized by $MSTR) remains a powerful tool, but it now operates under terms and directives that the company's leadership no longer fully dictates.

Since direct command over the decentralized asset is impossible, control is established through strategic influence over the largest corporate and fund custodians. Moving forward, Blackrock will be the primary entity determining the market's trajectory.

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A Request for NASA to Release Scientific Data on 3I/ATLAS

During my recent podcast interview with Joe Rogan (accessible here), I had mentioned the unfortunate circumstances, under which NASA had not released for four weeks the images collected by the HiRISE camera onboard the Mars Reconnaissance Orbiter. These images were taken on October 2–3, 2025, when the interstellar object 3I/ATLAS passed within 30 million kilometers from Mars. The images are extremely valuable scientifically because they possess a spatial resolution of 30 kilometers per pixel, about 3 times better than the spatial resolution achieved in the best publicly available image from the Hubble Space Telescope, taken on July 21, 2025 (accessible here and analyzed here). Whereas the Hubble image was taken from an edge-on perspective since Earth and the Sun were separated by only ~10 degrees relative to distant 3I/ATLAS, the HiRISE image offers a sideways perspective, valuable in decoding the mass loss geometry and glow around as it approached the Sun.

The delay in the data release was argued to be the result of the government shutdown on October 1, 2025. Nevertheless, conspiracy theorists suggested that it may have to do with evidence for extraterrestrial intelligence in the HiRISE images. When asked about it, I suggested that the delay is probably not a sign of extraterrestrial intelligence but rather of terrestrial stupidity. We should not hold science hostage to the shutdown politics of the day. The scientific community would have greatly benefited from the dissemination of this time-sensitive data as astronomers plan follow-up observations in the coming months.

Joe Rogan suggested that I contact the interim NASA administrator, Sean Duffy. The following day, I corresponded with congresswoman Anna Paulina Luna regarding a related formal request from NASA. Following our exchange, Representative Luna wrote a brilliant letter to NASA’s acting administrator Duffy.

We all owe a debt of deep gratitude for the visionary support displayed by Representative Luna to frontier science through her letter, attached below.

Avi Loeb is the head of the Galileo Project, founding director of Harvard University’s — Black Hole Initiative, director of the Institute for Theory and Computation at the Harvard-Smithsonian Center for Astrophysics, and the former chair of the astronomy department at Harvard University (2011–2020). He is a former member of the President’s Council of Advisors on Science and Technology and a former chair of the Board on Physics and Astronomy of the National Academies. He is the bestselling author of “Extraterrestrial: The First Sign of Intelligent Life Beyond Earth” and a co-author of the textbook “Life in the Cosmos”, both published in 2021. The paperback edition of his new book, titled “Interstellar”, was published in August 2024.

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