As someone who believes that the FED controls most of the large financial elements either directly or by proxy I think it would be dead easy of them to of bought a ton of Bitcoin, a few billion is nothing to them and now have a controlling stake.
I feel like the media stories that would come out to knock Bitcoin and then the inevitable drops in price reminded me so much of the way banks control the Gold Price etc. Using certain media outlets as a foil for price manipulation.
Maybe if we thought like the enemy, one banks and the Fed we would simply buy up a large majority and then dump as we saw fit. It's almost a no brainer. Therefore they neutralise the threat of Bitcoin by systemically crashing the price so they can point to it and say see, it's volatile and unstable. It would be completely in the FEDs interest to do this as to safeguard the Dollar.
Opinions?
You may be correct.
Can't put anything past them. Many have floated the theory that the whole Bitcoin system was started to get people used to a cashless society where every transaction can be tracked. I don't buy the theory myself though. However, they can certainly cause havoc in the markets due to all the seized BTC they have!
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