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35 sats \ 0 replies \ @siggy47 OP 27 Nov 2023 \ parent \ on: What If We Don't Sell Our Bitcoin? bitcoin
A similar thing was tried with some success with the GameStop short squeeze. There's a movie coming out about it called "Dumb Money." A reddit sub played a big role in organizing it. Ultimately the big guys won. If bitcoiners tried something like that, we might have more of a home court advantage. The GameStop degens had to play by Wall Street rules- regulated securities on highly regulated exchanges. I was impressed with their strength and ability to ignore fast gains, being more interested in disrupting the unfair system.
Of course that was a short squeeze, but we could use the same general idea.