Tell me, why when Bitcoin falls, the media races to print negative news? First Jannette Yellen, the US Treasury Secretary, calls for Bitcoin regulation and tells horror stories about money laundering and terrorism. Then, Warren Buffett and his right-hand man Charles Munger warn of the imminent day of bitcoin.
But as soon as the trend turns upwards, other top speakers appear on the stage, sometimes very unexpected ones. But every time there are fresh faces.
This time, Norwegian oil billionaire Kjell Inge Rokke spoke out in favor of bitcoin. His Aker ASA, which controls oil and oilfield services companies, announced on Monday that it has set up a new business, Seetee AS, to harness the potential of cryptocurrency. In his address to shareholders, Rocque said:
“We will use Bitcoin as our treasury asset and join the community. In Bitcoin, people like us are considered hodlers. " He further added: “The direction is clear: finance will be destroyed as inevitably as fossil fuels. The question is not if, but when. Bitcoin could be the core of a new monetary architecture. If so, then one bitcoin could be worth millions of dollars."
But the funniest thing is not even that billionaires started talking about the inevitability of a financial collapse, now they are joined by a person who can manually arrange a financial collapse. He had already proven this phenomenal ability by causing the collapse of the British pound in September 1992. Meet the new bitcoin enthusiast and hodler - George (drum roll) SOROS.
Fund Soros, New York Life and Morgan Stanley invested $ 200 million in the BTC investment company NYDIG (New York digital investment group).
NYDIG is part of Stone Ridge Asset Management, which recently filed with the US Securities and Exchange Commission (SEC) for one of its open-ended mutual funds for investing in bitcoin. The founder of Stone Ridge, who also founded NYDIG, Ross Stevens, said Soon, you'll just see a wall of money entering Bitcoin.
Summarize:
The financial system will collapse.
Bitcoin will be worth millions of dollars.
We will soon see the wall of money entering Bitcoin.
I am waiting for a reversal of the price of bitcoin down, and the next portion of hysterical apocalyptic predictions and the collapse of bitcoin and the bubble with terrorists. Swings - are the the base of the genre.
