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I agree Bloomberg knows a lot about it, but the financial industry as a whole would rather Bitcoin die because its a threat to their banking monopoly. Go read t
by ramblerouser 8y ago
I agree Bloomberg knows a lot about it, but the financial industry as a whole would rather Bitcoin die because its a threat to their banking monopoly. Go read the Satoshi whitepaper. The recent buy-in from bloomberg and Goldman et al is just a "cant beat 'em, join 'em" strategy.
- atomical 8y agoYou are saying that they are only in it for the money, but they also want it to fail spectacularly. It doesn't make sense and works against their interest.
- ramblerouser 8y agoWhy doesnt that make sense? They would rather it fail because it threatens their core business, but as long as it looks like it wont, they will invest in it.