of Bitcoin and other blockchain based crypto. Primarily because of the anonymity it offers.
Question:
Could the Feds be
1. Step 1: weaponizing their power to manipulate and remove crypto friendly banks from the system or, get these banks into the hands of controlled interests? (which is what has allegedly happened with SVB and 1 or 2 others).
Step 2: Fuel panic in the banking sector creating bank runs. Causing investors and especially Bitcoin enthusiasts to move their money into BTC, thus sending the price of BTC spiralling. (which is happening now)
3. Step 3, then, suddenly and without any warning, outlaw Bitcoin, crashing bitcoin to ZERO or close to zero overnight.
Thereby, eliminating this pain in their side from the system? Not even sure if the Fed can even do this. But it's a thought that crossed my mind.
Keep it xrp eh
you too man, stay strong
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