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Few days ago I created a
thread pointing almost same thing but bitcoin specifically, the theory is becoming so realistic that the new government is only going to manipulate the crypto market to put money into their pockets just as you have pointed out with your theory.
Perhaps it's very unfortunate that some folks in here might want to be defending some bullshit which is pretty obvious but for some pro crypto US government they would rather not realise the reality of market.
Including Elon in the frame makes it even more and more problematic to me as he used bitcoin and left for some reason which e claims energy consumption. I hope we don't regret this and the biggest fear of the coiners (manipulation) become so realistic.
It is a valid fear. Lots of people have pointed it out already. I was hoping that the interest in bitcoin was genuine to push forward a new and upcoming industry of crypto in their country and not something to perpetuate corruption.
From the onset judging from Trump's statements towards bitcoin I realised there is never a good intention for bitcoin but just to manipulate and grab a quick profit from it within this bull run. Firstly he once said, " China is doing so well with bitcoin and other countries so
we have to lead the industry which means there is no positive intention but to be top against his person enemy country (china). Also judging from how he talks about bitcoin with Elon it's clearly saying he perceived bitcoin to be a bubble or a get rich quick scheme just like Elon did by accepting bitcoin as payment method for his Tesla company and later denounced bitcoin.
All points at the same thing that Trump involvement in bitcoin or the crypto industry is more of a manipulation, bitcoin is not a US based coin, however you can see the sentiment on his tweet during the Crypto Strategic Reserve announcement which he mentioned only but US based coins as strategy Reserve only to come back and say he also loves bitcoin and Eth, what does that say to you? ____ Manipulation?_____ I guess!
Maybe the Biden regime's was bitcoins hate regime and perhaps we seem to be over with that now just arrived at manipulation regime.
Unfortunately, we can't do anything about this. We can make theories but even if we are proven right it is not like we can stop anyone from buying bitcoin. As long as they have the money, they can buy bitcoin even if some politicians will only use this for selfish reasons.
But what we can do is to not fall for some propaganda by the government and feed into every hype they try to build.
Are we trying to stop anyone from buying bitcoin here? No, we (Pooya87) is just trying to let you all know that there is such a thing as manipulation in the market already.