Wrong. They already started printing paper BTC and shorting the underlying. You are underestimating these assholes
#Bitcoin is playing in big leagues now and the game is at a new level.
How I suspect it plays out: An attempt to capture as much as #Bitcoin as possible including regulation to “try” to slow self custody of #Bitcoin (Warren et all) and leverage games on paper #Bitcoin to reduce price. (ETF’s)
Which “causes” more Bitcoiners aware of the manipulation and how the game is being played to use lower prices to buy and self custody more #Bitcoin (reducing supply)
Which at some point creates a short squeeze of MEGA proportions (maybe along with halving - maybe later ) that liquidates a major financial player. (Similar to FTX)
Money has become a monopoly because of the games that have been able to be played with others assets due to the centralization and control of those assets.
But Wall Street has never seen an asset like this. It is not gold and too many #Bitcoiners know how the game is played, meaning if you don’t play by the rules, eventually you will be caught short. (And no one is coming to save you)
Or as nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx says:
Stay humble and stack sats.
Discussion
I am not underestimating at all!
If something can be controlled, it will be. History and human greed ensure it bc of the power it brings. That is fight I’m expecting…and I’m prepared.
Just letting others know so they don’t get spooked and sell theirs.
Wall Street don't need to or want to own bitcoin. They just need to convince the majority of people that they own bitcoin, which is what etf's represent and pretty soon they will control most of the flow, which is all they were ever interested in.
They have no interest in fighting, it's not how these people operate, nor in what self custody bitcoiners do on the sidelines. To see this as a fight, is to have already lost.
This doesn't stop amazing things from being created in the sidelines, including the tools which will help you and other like minded people to live and survive in a less fiat money world.
Staying clear minded is the fight.
Where/how are you seeing that they are printing paper BTC and shorting BTC?
Conbase and every other exchange as well as futures ETF's are all responsible for taking peoples money in exchange for something that is not bitcoin but is priced 1:1 with bitcoin and is therefore paper bitcoin.