Do you know the identity of some of the major dollar/gold/oil/land holders? Do we know what their interests are?
Are you retarded?
You are on a decentralized platform, talking about decentralized money and now you want to know the identity of it's users?? Fuck off! It's not your business to know my or anyone else's identity.
You misunderstand my point.
How do we know that CIA/NSA/SEC or affiliated organizations aren't holding onto massive reserves with the ability to disrupt the market?
How do we know that there aren't major financiers who keep reserves of Bitcoin for malicious purposes?
These tactics have been used in oil, gold, and currencies multiple times throughout history.
I think it’s extremely likely. But really CBDCs will be a thing (very soon) because of crypto people, and all of the fraud and scams.
CBDCs are already a thing in China, Nigeria... #Bitcoin is the way of escape due to its decentralized nature.
Let's say some entity hold large amount of #Bitcoin and are looking to manipulate the market. What can they do? Sell it all? Great, we'll buy it and then what? They won't be able to sell it again if they don't hold it.
You see Bitcoin as a token with a pricetag. Look beyond it. I'm at the stage where I couldn't care less. The only think that matters to me is to have more Bitcoin next year than I have now.
Do you understand basic economics? What happens when you flood a market with something? The price tanks, they collect actual cash they can use in the real world to buy things, and you’re left holding useless internet money nobody accepts.
Do you understand basic economics? Bitcoin is the hardest money, we ever had. It's limited to 21 million and there's never going to be more of it. As I said, look beyond the price.
Do you think #Bitcoin is useless internet money, nobody uses?
