• skozzii@lemmy.ca
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      2 days ago

      Don’t forget a side of market manipulation.

      Crypto can be manipulated hard with a huge amount of capital, so now he is just using the US tax dollars to manipulate crypto currencies.

      Yes this is the world we live in.

    • ArtVandelay@lemmy.world
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      2 days ago

      Can someone explain the how to a stupid person like me? I fully believe it but I want to know how it works

      • Airowird@lemm.ee
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        2 days ago
        1. Buy coins privately
        2. Force government to buy tons of coins, making prices go up
        3. Sell personal coins, dropping prices and make government spend even more
        4. Repeat as needed