ahhh. ok. This does explain why trump and the republicans want to trade in a portion of fort knox for bitcoin. Its definitely a pump and dump scheme – a bailout of the russian economy. Gotta hand it to Putin, thats clever. Get the American taxpayer to bail out Russia. I bet it works.
in the crypto space, the trading values of most coins are loosely tied to bitcoin’s value- it’s sort of a “reserve currency” of the cryptosphere, most major trading platforms focus on converting Bitcoin to and from other coins. If BTC goes up, the rising tide lifts most/all boats in the space.
Woah, and trump wants to set up a bunch of US bitcoin stuff that will massively pump up its value and give Russia free billions on their holdings???
I never would have guessed!
Strategic Bitcoin
ReservePump & Dumpahhh. ok. This does explain why trump and the republicans want to trade in a portion of fort knox for bitcoin. Its definitely a pump and dump scheme – a bailout of the russian economy. Gotta hand it to Putin, thats clever. Get the American taxpayer to bail out Russia. I bet it works.
Ahhh thats where Apartheid Clyde comes in, if theres one thing he knows it’s stock manipulation.
Yeah, but Elon wants people to invest in Doge. So what will Trump do?
in the crypto space, the trading values of most coins are loosely tied to bitcoin’s value- it’s sort of a “reserve currency” of the cryptosphere, most major trading platforms focus on converting Bitcoin to and from other coins. If BTC goes up, the rising tide lifts most/all boats in the space.
Stablecoins excluded, obviously.
Lots of other shitcoins too.