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by xr4ti
3065 days ago
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My tinfoil hat theory is that there is currently a giant transfer (or several transfers) of wealth going on outside of the purview of regulators (e.g. evasion of sanctions). The big uptick was the dark money moving into bitcoin and other cryptos. The bullish HODL propaganda is meant to pull in people to (a) provide camouflage, and (b) buttress/stabilize the price so the dark money can get out. And the suckers are the average Joes who are going to be left holding the bag once all the dark money moves out. This is pure speculation, and I have absolutely no evidence to back this up. |
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