Press review - FIAT institutions in War against crypto currencies

Ivan Ljubic, CEO @ Finroad.com
2018-02-03 08:57:29

Dear Coiniker,

CFCT and SEC sent subpoenas to Tether and Bitfinex following a potential Bicoin manipulation but aren't they the same FIAT organizations that allowed Bitcoin Futures last December ?

Bitcoin is 100% decentralized and only briefly controlable with an attack consensus of 51%. No one could technically and financially afford such an attack.

One of the hypocritical solution for the empowered FIAT organizations was to open up Bitcoin futures. Funny or strangely enough, one month after Bitcoin suffers a huge bearish manipulation..

By trading Bitcoin futures, the central feature of Bitcoin (and gold), limited supply, becomes irrelevant. Its price is open to manipulation to anyone with enough fiat to "whack it" at will.

Who has enough fiat to manipulate Bitcoin price through futures? Same people that have the fiat to manipulate gold. Same people who create the fiat. Central Bankers.


So let's figure out who manipulates who ..

Related articles:
Tether Printed One-Third of All USDT After Receiving Subpoena by bitcoin.com
Report: Bank of America, JP Morgan Ban Credit Crypto Purchases by coindesk.com

Latest Market News

Ivan Ljubic, CEO @ Finroad.com
2018-03-21 09:08:07
Read...
Ivan Ljubic, CEO @ Finroad.com
2018-03-17 11:10:21
Read...
Ivan Ljubic, CEO @ Finroad.com
2018-03-05 11:12:03
Read...
Ivan Ljubic, CEO @ Finroad.com
2018-02-26 19:27:25
Read...
Ivan Ljubic, CEO @ Finroad.com
2018-02-19 14:05:46
Read...
Ivan Ljubic, CEO @ Finroad.com
2018-02-14 16:39:39
Read...
Ivan Ljubic, CEO @ Finroad.com
2018-02-08 09:33:47
Read...
Ivan Ljubic, CEO @ Finroad.com
2018-02-03 08:57:29
Read...