Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
ivomm
on 29/07/2021, 13:11:06 UTC
⭐ Merited by JayJuanGee (1)
The funny thing about China is that their communist leadership is constanly monitoring the price of Bitcoin. Even more addicted to watching the charts, than the hodlers! The more time passes and the price rises, the more nervous they become. The people prefer to buy an asset which increases in price, rather their always crashing yuan. And the fear of inflation of the yuan starts to shake the bones starting from the laughable winnie the pooh down to the last government clark. Regularly they have to invent new FUD to stop the bull runs, with absolute zero as a result. No wonder one of them cried on cctv - "because of Bitcoin, we all are gonna die!". They are completely helpless but they try to mislead the world that they have power. They tried so many ways to prevent the mass adoption of Bitcoin in China and they think they've succeeded. But the truth is only the miners which bring money for the economy were forced to leave the country. Everyone else can easily avoid the bans and buy bitcoins. No matter how hard winnie the pooh try to ban exchanges, internet can offer miriads of ways to get bitcoins. But the illiterate and ignorant peeps dig heads in the sand of their "bans" and think the danger is gone  Grin Grin Grin The same applies for US government puppets who make up comical FUD, like the female frigid senator speaking about the shadowy coders.  Grin Grin Grin I'm sure she has some stash and after she steps down as a senator, she will become a crypto advisor and activist, like Jay Clayton and Mnuchin.