Quote from: Baofeng on Today at 09:36:47 PM

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I thought that bitcoin has been manipulated by big whales already? Not the first time that we have heard Wall Street involving themselves in crypto. I agree that there are a lot of pros/cons about it, but let's see how it pan out. People are predicting that we are going to see $50k or even 6 digit figures in the next coming years. So probably this is one case why and how we can achieved that. Wall Street money going into crypto sphere.

Today paypal has to buy 1 physical bitcoin into its safe for every bitcoin it sells. Tomorrow If the biggest part of the user of bitcoin shifts to paypal and wallstreet can say tomorrow: we don't have to physically hold the bitcoins we sell. Only paper sell. This is the situation that scares me. Today we see how they print unlimited dollars. Yet years ago it was based on gold. In case of such a situation, the number of us who really understand and oppose this issue will be in the minority. Do you think wall street will only accept bitcoin? I think they wants to have control over Bitcoin and if need it ,can also end it with price manipulations by selling it for unlimited. In such a situation, what is our strength against them? Could we file a lawsuit?

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