-1
FarageHommage -1 points ago +1 / -2

Then you're retarded and don't know how the markets work. Once a hedge fund liquidates the prime brokerage has to cover the losses. This could easily lead to a domino effect if the price was left to rise. I'm sure the Biden admin has no problem throwing the little guy under the bus to avoid any systemic risk. There's no way just hedge funds pressuring alone led to every single public trading platform halting buy orders.

5
FarageHommage 5 points ago +5 / -0

Damn she looks like a dude.

1
FarageHommage 1 point ago +1 / -0

Who knows but crypto has now went beyond the point of return. Even if Xiden banned it tomorrow it's still one of the most useful assets in the world and will continue to have wild swings higher and lower until it ultimately finds a more stable value. It would be like trying to ban email after people know how to use it.

2
FarageHommage 2 points ago +2 / -0

I hate to say it but name an asset the government struggles to control.

Cash - Governemnt will inflate what you hold away until it's worthless.

Stocks - great but as is now evident they can get every financial platform/institution to freeze sells/buys when times get choppy. Go to a Trump rally or buy a gun they might just freeze your accounts.

Real estate - Governments can implement tax and confiscate if you refuse. Can't carry it away either.

Gold/Silver - Good but impossible to send anywhere and difficult to carry over borders.

Bitcoin - It's like a rainy day fund. No one can confiscate. Could theoretically carry a trillion dollars everywhere you go if you can remember 12 words. Accepted worldwide as more and more people use it.

1
FarageHommage 1 point ago +2 / -1

Ask yourself which entity has the power to stop trading on nearly every financial platform available. Yes I believe it, it's the only logical conclusion.

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FarageHommage 4 points ago +4 / -0

FUCKING BASED. I like you newcomer.

9
FarageHommage 9 points ago +9 / -0

Major BRRRRRRR's incoming. Not for the people just for banks though.

23
FarageHommage 23 points ago +23 / -0

Banks are fucked due to Hedgies gambling and them being liable after the hedgies liquidate, Xiden admin will probably expand the monetary supply to bail them out.

1
FarageHommage 1 point ago +1 / -0

Can we rename it finance or at least create a crypto sub?

4
FarageHommage 4 points ago +4 / -0

No, I want Biden to represent the Democrats for the next 4 years. Every time the dude speaks it will red pill the masses that there's no way this bumbling old fool actually is got the most votes in history.

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