Came upon this article that seeks to raise the question (or make the point) if crypto was nothing more than a central banker’s way to “scare” everyone into CBDC (so to speak) and justify draconian regulatory measures?
“Maybe that was the plan all along: gaslight the masses by letting them believe in something so badly, then deliberately destroy it to raise a generation of hopeless conformists.”
“Could it be that the rise in the value of Bitcoin was orchestrated by bankers to control the Bitcoin supply? Could it be that they drove up the price of the virtual coins, just so they could slam it and scare investors away?
After all, no matter how many Bitcoins you buy, they’re purchased with currency created by central banks.”
Some others believe the collapse was the government’s way to reduce inflation (see comment in article). Given the size of the collapse (thus far) in the context of established equity and debt markets, hard to digest that thread…