Elon became the poster boy for crypto so his actions carry weight as he attempts to destroy it. Colonial pipeline hackers extort $5 million of Bitcoin from company. Fake news is shaping a narrative that the DOJ and IRS are looking into Binance for money laundering, when in fact Binance is helping US find users who are money laundering.
I would not be surprised if other woke companies start coming forward and stating they will discontinue use with Bitcoin. This is an orchestrated attack to stop the bull run.
Q post 571
"@Jack, MZ, ES, JB, EM, SH, MSM, etc.
Do you know that we know?
Do you know that we see all?
Do you know that we hear all?
FEAR the STORM.
NOBODY PLAYING THE GAME GETS A FREE PASS.
NOBODY.
Q"
It has value until the moment someone decides it doesn't. Such a thing has happened multiple times in history. Its on the verge of happening here with the dollar. Anyone who thinks crypto (not backed by a physical asset) is somehow immune is invested (which generally means not sufficiently objective).
I keep asking for somone to address the flaws, and all I get back is "how its useful". Which I keep saying "I know how its useful". When someone addresses my arguments I will be less frustrated.
A crypotcurrency that is an investment is a fools paradise. It's like saying "I have more faith in this puff of cloud than that one." Such things are 100% whimsical, having no foot in anything real, and subject 100% to manipulation (i.e. fraud).
If the Patriots win, I will bet anything that the only crypto's that will have value will be ones that are backed by physical assets (which is really just another way of saying blockchain stock market, which I think will absolutely be the path forward).