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re: Conspiracy theory about Bitcoin and the market

Posted on 8/8/22 at 12:28 pm to
Posted by Privateer 2007
Member since Jan 2020
6227 posts
Posted on 8/8/22 at 12:28 pm to
Bitcoin went to shite because a bunch of weak hands hold it.

It's mainly people trying to make a quick buck. Who think they're hip and smart.
Posted by jp4lsu
Member since Sep 2016
4989 posts
Posted on 8/8/22 at 12:39 pm to
Crypto has always followed the market. Unfortunately it has never decoupled itself from the stock market like many had wished.
I fear the real conspiracy is that it is a tool to program us into becoming comfortable with digital currency that is not tangible. Then MIC can more easily transition the subjects to digital coins of the country's currency. Then possibly to a single universal coin. Digital currencies will be the end of freedom of all types. For if you are in opposition, protest, etc any social issues pushed by the govt, media or you stand up for freedom of some issue (gun rights, Christian beliefs, etc) then you can be shutdown financially. Not to mention accounts can be seized or emptied. What about neg interest rates being easily removed from your accounts or it would make it so much easier to take a percentage of your 401k/savings/IRA, when the govt can no longer service it's debt.
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