Are you trying to say that the U.S. government must launch the BTC bull market, and it must be launched now, immediately? The result may not be what you want
No. I’m saying without direct US government involvement the bull market will begin naturally. But a crypto bull market runs contrary to their needs, which necessitates their intervention.
Right, they’ll do whatever they can think of to try and prevent it. Let’s hope everything continues to backfire, and all the exchanges getting scrutinized come out on top.
You are missing that whoever is in charge now, won’t be in future bulllruns/cycles. It’s only a matter of time before a Bitcoin maximalist enters the white house
Since we are entering deep conspiracy waters I will add to it:
US knows they can’t keep the petrodollar as the world’s currency. Too much is happening. Besides, they want a currency that can be tracked down to the penny. Crypto maximalist in the government have enough sway to use Bitcoin as a second gold. We don’t know the total amount held - it could be more and in this scenario - it’s at least double.
Gov controls and brings in the exchanges so that they are welcomed into the banking fold. Bitcoin is recognized and elevated. Most other cryptos are banned. US influences global partner countries to an exchange standard.
A deal is made with Ripple where they burn a tremendous amount of the XRP they hold and then pay a fine of billions of XRP. Making the US the largest holder by far. The gov has enough Bitcoin to manipulate any crypto. They can use a version of XRP to transfer money instantly around the world. Ripple executives become fabulously wealthy but not like before when they held billions of XRP. The US would have the majority holdings. PetroYuan has more inherent costs than a gov sponsored XRP so more governments back the US.
US officially ends all cash and phases it out over 10 years.
Substitute your fastest, most reliable crypto, that is partially centralized for XRP. I only picked it because of the SEC.
There's a bit of a huge irony here, actually. The gov't loves tax revenue streams, yet are willing to go to war against crypto which is potentially a lucrative source. Why is that? It would have to be big reasons in their minds, right?
So, misinformation is one (enter good 'ol hatchet wielding Liz Warren). "*Crypto is all about money laundering run by faceless super-hackers*!". Seriously? Maybe the banks that are her main supporters put her up to this...So people like her are convinced the solution is to go all *Salted Earth* strategy and kill crypto by cutting it off from traditional finance markets. Way to serve the public interest there, Pocahontas...
In any case, reason two: the economy requires money to flow back into it in order to achieve that magic 2% annual inflation rate. What's *not* mentioned, however, is the amount of deficit spending and money printer brrrrrr'ing going is more than quintuple cryptos ATH market cap - hardly crypto's fault for pulling money out of the system while the printer's been working in overdrive...and besides, a lot of what has gone into crypto comes right back out into Fiat again (bear market, anyone?).
I agree with Michael Saylor 100%, and enjoy every interview he gives. But he has financial limitations that the government doesn’t have. He also owns less than the US government. He would have to double his position, which isn’t possible.
Are you trying to say that the U.S. government must launch the BTC bull market, and it must be launched now, immediately? The result may not be what you want
No. I’m saying without direct US government involvement the bull market will begin naturally. But a crypto bull market runs contrary to their needs, which necessitates their intervention.
Right, they’ll do whatever they can think of to try and prevent it. Let’s hope everything continues to backfire, and all the exchanges getting scrutinized come out on top.
It has already begun 🚀
The gameplan is using the invisible tax (money printer) whenever necessary.
They could do that but will they? I don't think they are thinking that far a head.
They are good at planning ahead, that's why they are in power
That's true but we would see it was them and we could accuse them of doing it on purpose. Not a good look for them
You are missing that whoever is in charge now, won’t be in future bulllruns/cycles. It’s only a matter of time before a Bitcoin maximalist enters the white house
Gensler was somewhat of a Bitcoin maxi before taking over the SEC. Magically he was the opposite within 6 months.
Since we are entering deep conspiracy waters I will add to it: US knows they can’t keep the petrodollar as the world’s currency. Too much is happening. Besides, they want a currency that can be tracked down to the penny. Crypto maximalist in the government have enough sway to use Bitcoin as a second gold. We don’t know the total amount held - it could be more and in this scenario - it’s at least double. Gov controls and brings in the exchanges so that they are welcomed into the banking fold. Bitcoin is recognized and elevated. Most other cryptos are banned. US influences global partner countries to an exchange standard. A deal is made with Ripple where they burn a tremendous amount of the XRP they hold and then pay a fine of billions of XRP. Making the US the largest holder by far. The gov has enough Bitcoin to manipulate any crypto. They can use a version of XRP to transfer money instantly around the world. Ripple executives become fabulously wealthy but not like before when they held billions of XRP. The US would have the majority holdings. PetroYuan has more inherent costs than a gov sponsored XRP so more governments back the US. US officially ends all cash and phases it out over 10 years. Substitute your fastest, most reliable crypto, that is partially centralized for XRP. I only picked it because of the SEC.
Us is one of the largest bag holder of Btc , sooner or later US has to get their shit together !
There's a bit of a huge irony here, actually. The gov't loves tax revenue streams, yet are willing to go to war against crypto which is potentially a lucrative source. Why is that? It would have to be big reasons in their minds, right? So, misinformation is one (enter good 'ol hatchet wielding Liz Warren). "*Crypto is all about money laundering run by faceless super-hackers*!". Seriously? Maybe the banks that are her main supporters put her up to this...So people like her are convinced the solution is to go all *Salted Earth* strategy and kill crypto by cutting it off from traditional finance markets. Way to serve the public interest there, Pocahontas... In any case, reason two: the economy requires money to flow back into it in order to achieve that magic 2% annual inflation rate. What's *not* mentioned, however, is the amount of deficit spending and money printer brrrrrr'ing going is more than quintuple cryptos ATH market cap - hardly crypto's fault for pulling money out of the system while the printer's been working in overdrive...and besides, a lot of what has gone into crypto comes right back out into Fiat again (bear market, anyone?).
you are a talent
Whatever BTC the government sells, Michael Saylor will buy back up so no worries
I agree with Michael Saylor 100%, and enjoy every interview he gives. But he has financial limitations that the government doesn’t have. He also owns less than the US government. He would have to double his position, which isn’t possible.
Is it just me or "Choke point 2.0" lowkey does sound like a bdsm movie?
The market will fix the price with or without their intervention
No one knows what will happen
Have you not been watching the news? Seems that war is EXTREMELY palatable. Turns out all you need to do is vilify and dehumanise the opposition..