I due not want my corporation holding Bitcoin, if I want exposure I’ll buy Bitcoin directly. They should be holding a bit of debt optimally.
TBH if the choices are USD or BTC then I think the latter has a better future at the moment.
BTC is still less stable. It will need to stop being a pump and dump cycle target before it could claim a true future.
With a Market Cap of 2 Trillion it’s pretty difficult to impact the purchase price as an individual or group. Even a small nation would struggle with it.
You’d think that but as Bitcoin becomes tied to more and more those things become part of what holds up Bitcoin.
Bird flu won’t affect Bitcoin valuation but could affect most fiat currency, but that’s only because of the system now. If Bitcoin became more prominent wouldn’t it be bound to thing more?
So you’re saying there is a group out there pumping and dumping hundreds of billions equivalence to USD?
Yes. That bitcoin dogshit fell and rose with the covid fall and rise of stocks. You think bitcoin is some profound new form of currency, but it’s really just another avenue for wall street to steal from main street.
I think you should learn more about the stock market. It’s literally a lie point blank and totally manipulated aggressively by actors who aren’t even THAT big.
Okay but we were talking about BTC pump and dumps and to perform that on the massive scale which dwarfs any stock ticker below the top 5 by hundreds of billions of dollars while somehow completely illuding people who watch the blockchain like hawks for big movers…
It’s just not feasible. You would have to be much richer than the official richest man on earth and have almost all of your assets liquid and then on top of that you would need millions of wallets acting asynchronously. And why would you even bother? If you’re that rich you could just not hide it.
I think the latter has a better future at the moment.
Crypto ‘godfather’ of Bel-Air: Probe widens into L.A. deputies’ alleged links to mogul
- Federal authorities accuse Adam Iza, a cryptocurrency entrepreneur, of financial conspiracies and extortion.
- Prosecutors allege Iza used L.A. County sheriff’s deputies to carry out his criminal bidding.
- Iza has pleaded not guilty. A judge ordered him jailed despite claims that he needs medical care after a cosmetic leg-lengthening procedure.
If you want a deeper dive, check out the TrueAnon episode series Zort a three-parts-and-counting plunge into the seedy underbelly of Cryptocoin scams, extortion, leg-lengthening surgery, LASD rampant corruption, and age-gap discourse.
Oh no! Lmao. You’ve really only demonstrated that you don’t understand what Bitcoin is, that you think Iza owns and operates it.
Don’t need to be the owner to grift.
And grifting is specific to any one form of currency because…?
