Gold is broken because most of it is in a basement in Manhattan with paper claims.
You and I can’t go and count what’s there and around the world. It’s rife for abuse.
Bitcoin can and has been manipulated in price especially because a smaller market cap means a massive sell can hit the market harder than a much larger asset.
We can account for every single coin and all the clowns who tried to paper Bitcoin more than they have blew themselves up.
That said, there are risks seen and unseen and I never underestimate the powers that be.
wolfbearclaw / Counter Narrative
npub1pw…8pf5t
2023-08-28 22:23:36
in reply to nevent1q…e5l2
Author Public Key
npub1pwtrrydty95q5ces0tkm2r7hkqfe9jwxhmmee5xwke6g4lz70l7sd8pf5tPublished at
2023-08-28 22:23:36Event JSON
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"content": "Gold is broken because most of it is in a basement in Manhattan with paper claims. \n\nYou and I can’t go and count what’s there and around the world. It’s rife for abuse. \n\nBitcoin can and has been manipulated in price especially because a smaller market cap means a massive sell can hit the market harder than a much larger asset. \n\nWe can account for every single coin and all the clowns who tried to paper Bitcoin more than they have blew themselves up. \n\nThat said, there are risks seen and unseen and I never underestimate the powers that be.",
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