64 sats \ 2 replies \ @Satosora 28 Oct \ on: There Is No Paper Bitcoin bitcoin
This is exactly what l fear. So how will they ever have the assets to back up the rising price? All the people with 401ks that are investing in bitcoin in this way...they are in for a surprise.
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140 sats \ 1 reply \ @siggy47 OP 28 Oct
Exactly. What I don't understand about guys like Kreuger is that this has already happened on the gold markets, with the silent support of big banks.
https://www.justice.gov/opa/pr/former-jp-morgan-precious-metals-traders-sentenced-prison
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43 sats \ 0 replies \ @Satosora 28 Oct
The banks are scrambling to get some kind of control. They are willing to do anything to keep it.
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