Post
Topic
Board Altcoin Discussion
Re: The Elon Musk "Smart" Tweeting Continues!
by
chaoscoinz
on 29/04/2021, 02:53:47 UTC
I have a really hard time understanding how people don't realize that Bitcoin could easily be bought off by the wealthy. The truth is, institutional money and powerful figures could single handedly overtake Bitcoin and the crypto markets at anytime if they really wanted to, or the regulators could kill cryptocurrency all together by simply making crypto to fiat exchanges llegal.
    In what chance on gods green earth would you have out walleting someone like Musk, not even if you won the Powerball lottery. People with long money could swoop in and turn this sector into wall st, but they don't because it's not smart to interfere with a new industry that's still within its infancy, as that would suffocte progress and stifle innovation.
  I'm sure Musk knows what he's doing, he's pro crypto after all!  Tongue