Their banks are selling paper to their people, the corn stays in CCP control. If Chinese citizens leave China, what’s that paper worth?
If Blackrock wants to dump price, doesn’t that help Chinese banks that want cheap sats? CCP won’t be buying Blackrock paper, they will be taking their coins and going home.
Why would BlackRock want to lower the price? They probably want it as high as possible, so their ETF is always holding.
You can spend Yuan on corn within China. Can't do it with BTC.
I’m confused, you said that Blackrock would suck up all the BTC to manipulate it, wouldn’t it go higher naturally if they were taking all of available supply off the market and holding? Where does the manipulation come in and why would any one complain if it goes higher?
Manipulation comes in when they trade their token on a stock exchange. Also comes in when they transfer their BTC in and out. Maybe more ways to manipulate the price I don't know.
