The elites have been trying to shut down bitcoin for a really long time, ever since they’d feared a lack of control over financial markets. Bitcoin is admittedly easy to manipulate, but hard to actually manipulate. The idea of manipulating bitcoin markets for profit is no new idea. All you’d need is the ability to purchase a large amount of it. For example, purchasing 15% of all the bitcoins in circulation would easily skyrocket the market and encourage spending into bitcoin and not out of it. Which means even higher prices for your newly acquired Bitcoin – you’d have to have someone to sell it to. Which means that you’re more likely to genuinely lose money since you’d have to somehow encourage atleast 10x the demand of bitcoin to sell your 15% stake of bitcoin which equates to something like 100 billion dollars…that isn’t even possible unless you’re blackrock or do what elon musk did with all the smaller investors that could hypothetically back you. Elon musk had one of the world’s richest invest 2 billion into twitter at the whim of a text. That’s how close billionaires are. 1 text and you’ve now got 2 billion dollars In your pocket (this assumes you’re elon muk – he’s largely successful so ofcourse he’d be able to generate 2 billion without even trying, but in reality, he did try. His reputation is what he worked for to be able to create 2 billion out of the blue.)
Regardless, people like Richard breney, ackle dawnseon, and jorey likenueos are all aiming for your bitcoin, they’ve consistently lobbied against bitcoin etfs and have even encouraged investment into stocks instead of crypto, but particularly their stocks respectively being 3M, Square, and SmartSleeve. They all obviously own their companies so it’d make complete sense in retrospect. The only downside is that they’re extremely close to the likes of bill gates and the richest people on earth.
Another note is this graph:
That’s all for today, I hope this had informed you a ton and genuinely shown you what was going on behind the scenes in the crypto and finance world.
P.S I made up those names but the general idea still sticks for conglomerates and specific politicians that I can’t mention in fear of retribution ☹ (google “politicians against crypto”)