Control-Plane Capital
· 2w
Tether is basically the government, so they do what they're told.
If they were told to stack gold, it indicates that the Controllers want to direct capital away from Bitcoin and toward gold right now...
I don't see any problems with tour reasoning.
Long ago, bitcoiners theorized that bitcoin couldn't be captured like gold because it could be easily teleported. May I remind you even Monero has this characteristic.
Well, seing nowadays short term price action, we are kind of frustrated with this gold like numb behavior, aren't we?
If we cannot succed, I'm afraid any other variation of descentralized crypto currency would have the same fate ๐
Maybe we just need a shake out, something that briefly incapacitates this cancer that derivative markets are. Maybe it's how bitcoin succeds from now on: periods of boredom followed by higher price plateaus.