https://bonnerandpartners.com/the-assassination-of-bitcoin/
Personally I'm doubtful this fall has anything to do with central bank attacks. The morons who populate cryptoland can easily do it themselves.
There is however no doubt that the overall concept of BTC is a huge stone in their shoe and the noises they're making about wanting to take total control of money, and by extension us lot, are growing louder.
I see here on daily basis people believing a 'government crypto' is Bitcoin's biggest threat. That's a fine example of how mindless many posters are on here. Governmentcoin makes crypto more vital than ever and ever more opposed to it.
Personally I'm doubtful this fall has anything to do with central bank attacks. The morons who populate cryptoland can easily do it themselves.
There is however no doubt that the overall concept of BTC is a huge stone in their shoe and the noises they're making about wanting to take total control of money, and by extension us lot, are growing louder.
I see here on daily basis people believing a 'government crypto' is Bitcoin's biggest threat. That's a fine example of how mindless many posters are on here. Governmentcoin makes crypto more vital than ever and ever more opposed to it.
I'm doubtful about this narrative as well. Unsurprisingly, it's a conspiracy theory with no evidence. Good old Bill Bonner.
It might not be irrational from the standpoint of central banks, but the market won't follow -- they must know that. Bitcoin is increasingly seen as an investment or store-of-value asset. How can central bank coins compete? All they can do is soak up a bit of the empty hype around digital currency.