Bitcoin tumbles by 10% in one day, dropping below $36,000; it’s fallen from an all time high of $63,000 on April 15th. Digital currencies have been especially volatile over the last few weeks. I believe banks are manipulating digital currency prices because they are going to unveil a digital currency of their own in the next few years and don’t like the competition.
“Investors” are attracted to cryptos because of their decentralization and separation from traditional banking institutions. They don’t trust national banks and the international bankers that run them, and I don’t blame them. If we lived in a nation that controlled it’s own money printing and monetary policy, maybe people wouldn’t feel the need to put their money in risky assets.
It’s time that we nationalize our bank, and take back control of our economy.
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