ndBlindDog on Nostr: If the Government in any way views Bitcoin as a competitor to USD and they are seeing ...
If the Government in any way views Bitcoin as a competitor to USD and they are seeing BTC ETF blasting through records what step might they take? They manipulate the dollar price all the time this is a very well defined macroeconomic element. Well they have all sorts of tools to rise or lower USD via supply or rates etc. With Bitcoin they have far less tools. Rates, FUD, Media propaganda, FTX and the like given way more rope then needed to hang themselves. But now what? How do we stop this Horse from running untouched? Dilution. An immediate180 on ETH ETF. They can’t raise rates, they can’t really print yet, they can’t adjust Bitcoin supply but they can change course and flood the market in shitcoin ETF. Bitcoin has already withstood this tactic. WTF do I need a world computer for in a Charles Schwab IRA?
Published at
2024-05-24 01:04:43Event JSON
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"content": "If the Government in any way views Bitcoin as a competitor to USD and they are seeing BTC ETF blasting through records what step might they take? They manipulate the dollar price all the time this is a very well defined macroeconomic element. Well they have all sorts of tools to rise or lower USD via supply or rates etc. With Bitcoin they have far less tools. Rates, FUD, Media propaganda, FTX and the like given way more rope then needed to hang themselves. But now what? How do we stop this Horse from running untouched? Dilution. An immediate180 on ETH ETF. They can’t raise rates, they can’t really print yet, they can’t adjust Bitcoin supply but they can change course and flood the market in shitcoin ETF. Bitcoin has already withstood this tactic. WTF do I need a world computer for in a Charles Schwab IRA?",
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