Totally agree with you. Earlier in my timeline on my profile, I made a note about this. nostr:note1nvrsa38uhmzkfrsyxjpadc94u5nzy2p0v4x80xa9xt6svx8m5feqce2kgn

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I don’t believe it’s that short sighted. I suspect its part of a longer term plan to control bitcoin through controlling the exchange between bitcoin and fiat.

which will fail.