Post
Topic
Board Altcoin Discussion
Re: Dogecoin Possibly the Official US Crypto?
by
CDailey
on 19/11/2024, 16:37:50 UTC
My point was not that Dogecoin will or won't become the official crypto of the US. It was just that by Elon or Trump suggesting that it might would cause the value to increase substantially. Foreign investor would jump on it and If Trump or Elon used some shell corporations to buy up Dogecoin for themselves in the background they would stand to make millions by just the suggestion alone. And although it's technically manipulation of the asset, since it's not technically a stock or security the SEC couldn't do much about it. Even if they were to try  Trump has Gates in charge of the justice department so nothing would happen anyway. You have to kind of think like a criminal here and not rationally. People trying to manipulate the markets don't think like normal investors is my point.