For crypto to free itself from fiat, it has to drop against

For crypto to free itself from fiat, it has to drop against fiat, drop enough to become so cheap that it destroys fiat. Similar mechanism that incites trade wars. That's the plan. That's the mindset.

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GalileoH

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Do you feel the crash coming? 🥶🙃📉

$BTC What was THAT???

$BTC When government announces active participation in a market where there's a ton of non-governmental interests, what do you think these non-governmental interests would do? Buy or Sell?

We are back at looking at real data: tariffs, inflation, risks inherent in U.S. debt, employment. Not some random musings over a crypto reserve.

To set up a crypto reserve, you need funds. The federal government is running on $36 trillion debt. Unless it issues fake coins or steal the coins, no way that reserve is actionable. Trump has no idea what he is talking about. Nothing unusual there.

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.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}For crypto to free itself from fiat, it has to drop against fiat, drop enough to become so cheap that it destroys fiat. Similar mechanism that incites trade wars. That's the plan. That's the mindset.

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For crypto to free itself from fiat, it has to drop against fiat, drop enough to become so cheap that it destroys fiat. Similar mechanism that incites trade wars. That's the plan. That's the mindset.