Hollywood has been trying to stop bittorrent for decades and always failed. Cryptocurrency uses the same technology but even better because you don't need a centrally managed list of all nodes. Wall street can't do shit.
What they can do however is to sell fake Bitcoin certificates to fool people, just like they do with gold and there by keep the price down. Or buy a shitload of coins for themselves and then dump to make the price look more volatile than it is, which of course is a loss for them.
They don't have the same control over exchanges as they have over the stock market so anyone can play the same game on equal conditions and play out the wall street clowns with their own methods. And the more manipulation, the faster decentralized exchanges will grow, which is even harder for them to manipulate, plus that trading is anonymous and secure, even to FED coin, cash or gold.
Most likely not. But his Wall Street backers sure do
Hollywood has been trying to stop bittorrent for decades and always failed. Cryptocurrency uses the same technology but even better because you don't need a centrally managed list of all nodes. Wall street can't do shit.
What they can do however is to sell fake Bitcoin certificates to fool people, just like they do with gold and there by keep the price down. Or buy a shitload of coins for themselves and then dump to make the price look more volatile than it is, which of course is a loss for them.
They don't have the same control over exchanges as they have over the stock market so anyone can play the same game on equal conditions and play out the wall street clowns with their own methods. And the more manipulation, the faster decentralized exchanges will grow, which is even harder for them to manipulate, plus that trading is anonymous and secure, even to FED coin, cash or gold.