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245 sats \ 1 reply \ @DarthCoin 20 Nov 2024 \ parent \ on: How do we know MSTR is not rehypothecating its bitcoin? bitcoin
It's all a wall street boys game...
It's all artificially created. And he's backed by big guys. He's just the frontman, remember?
He have access to free money (endless fiat) to inflate the BTC price, "announcing" that he bought x amount of BTC, so will create the illusion that MSTR is more valuable now and losers are buying his shit.
Also others are excited by this and start buying ETFs (BlackRock).
IT'S ALL MANIPULATION OF THE MARKET.
This is not real adoption of Bitcoin. Just a big fucking FOMO. They are trying to do with BTC as they did with gold: make non-usable, just as a reserve.
And unfortunately that will be the death of Bitcoin.
Lately what he has been saying about bitcoin has been off.
Now that he has a bunch of support, is he going to be pushing his own ideas?
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