It's actually happening (repost from 4chan)
(media.communities.win)
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Lol, you think governments are trying to destroy crypto. Let's see: first, they invented the shit. Then, they released it to us right when the current iteration of fiat tickets (in use since 1971) is dying. Then, they allowed its price to rise as bitcoin proponents talk truth about the death of the current iteration of fiat tickets. This makes it seem like crypto is doing what gold and silver should be doing, but aren't, leading people to conclude "it's the new gold." Of course, if they wanted to discourage people from fleeing the current iteration of fiat for crypto, they'd do to crypto as they're doing to metal: sell 300-500 futures contracts for every unit of crypto in existence, with a right of delivery that few people use but that seems to make the futures contracts interchangeable with the real thing. This would suppress the price, making everyone say to crypto enthusiasts as crypto enthusiasts like you are saying to metals enthusiasts at this very moment: "It's not going anywhere, because it's not an escape hatch for our crashing and burning iteration of fiat tickets."
Of course, the answer to that would be the same as the answer to your criticism, namely, we have completely lost price discovery and so you learn nothing from the price of everything right now. It is only when price discovery is restored that we will know what's what.
Make sure you cash out of crypto and into metal before that day! Good luck and remember: in GOD we Trust (not "in computer we trust").
Says the guy telling everyone to "trust in metals", the supply of which is controlled by utterly corrupt governments...
But I'll bite. Your premise rests on your claim that crypto is a trick created by "the" government to sucker people out of their money. Present your evidence.
You know, it was governments that decided to make certain metals "worth" more than others... why metals tho? Why not shells, beads, counting sticks? The question is not a matter of "what" but rather "by whom" as in, WHO determines what represents worth? Your love for metals, the values of which are controlled by government, exposes your failure to grasp the entire aim of crypto for decentralization and returning the power to determine "value" back to the markets, to the people. Just be sure to avoid any unfortunate smelting accidents 😜
Wot? Governments control the supply of silver? Are you sure?
Here's my evidence the government made crypto: who is Satoshi Nakamoto? Don't know? He's a spook. It's easy!
Metals have the exact mix of perfect qualities. Shells aren't rare enough, and can be destroyed, and can't be divided easily. Beads aren't rare enough either and are easily "printed". Same with counting sticks.
I laughed when you went on to try and tell me that bitcoin isn't controlled by the government, even though they made it and they make the computers, OSes, and internet needed to run it.
So, your "evidence" is that because the identity of Satoshi Nakamoto is unknown to the public, therefore the only explanation is that "the" government (which government and/or officials?) is responsible? Fren, that's not evidence, but baseless speculation. I've reviewed your posting history. You're clearly capable of doing good research and analysis. Do better.
"Controlled" is not the same as "created." Your initial claim was that "the government" CREATED crypto. Could crypto not have been independently created, as is claimed and without any evidence to the contrary, is the case, and then been hijacked by corporate/government interests? That is [some] crypto became controlled by said interests? I would actually concur with that analysis. Market movements over the past year seem to indicate there have certainly been "whales" controlling the market by manufacturing massive rips and dumps. Same pattern with stocks. Question is WHO are the whales? Institutions, special interest groups, and sure "government" entities (or rather, just more corrupt individuals and groups controlling government funds). You assume that said interests had full control, and that control could not be returned or is already being returned. The movements of the past year seem to indicate otherwise. Retailers are exposing the corruption and taking back control, mainly thanks to the rise of "meme" stocks and crypto.
Crypto (or more accurately, the decentralized blockchain technology behind digital currency) is actually the catalyst for fixing the "money" problem. In time, you'll realize that this is the truth. It's ok. Not everyone puts the puzzle together at the same pace. Your gold and silver will likely always continue to remain physical stores of value... you don't have to worry. But dooming on crypto and missing out on getting ahead in the game, is unwise.