Post
Topic
Board Bitcoin Discussion
Are Central Banks Buying Bitcoin?
by
cnmcdee
on 08/12/2017, 03:16:53 UTC
The dollar value flow into Bitcoin is eclipsing the ability of anyone outside of a Central Bank.

Here is the logic :
   Hedge Funds / Institutional investors do not have the liquidity to move that much money outside the trackable / taxable controlled bank acccounts
   Members like Bill Gates and Warren Buffet would of run out of money ($100 Billion inflow in the last week)
   Saudi Arabian royal family ARAMCO was unable to raise the necessary funds.

Central Banks could be seriously challenged by all  cryptocurrencies that is front running, non-taxable, non-regulated, cannot be inflated, and cannot be controlled.
 
To combat crypto they secretly are buying as much as possible, however it looks like it is back firing by feeding the crypto ecosystem.