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Ilmoita käännösongelmasta
That is absolutely incorrect.
The largest investor of Bitcoin is Mike Saylor of Micro-strategy because he can see the real value of Bitcoin. And, you are just fear mongering. There is going to be no nuclear war. What a horrible way to live. If you are young, try to be more positive. You don't want to become that old bitter guy in 40 years.
What do you expect when you elect the professional conman who`s entire life has been spent bankrupting businesses and people.
This is like saying "Who is actually buying things with gold?"
It's value is only in it's influencers ability to convince others to buy it.
There is nothing backing it at all.
It's value goes up and down wildly based on things out of your control.
Do not fall for cryptocurrency. It's a scam.
It's already overvalued. Even if you wanted it as a serious investment after reading the above, it's already overvalued. You shouldn't buy even regular investments in things way more reliable when they are overvalued.
Anyone buying Cryptocurrency today is only feeding the profits of those who already have it. And that would mostly be influencers trying to pass off their bad decision to the next sucker.
But rather a pump and dump ponzi scheme caused by "whales"
Most likely Jeff Bezos selling off $5.1 billion dollars worth of his Amazon shares, since he knows Amazon mostly uses imported goods to make a profit and it will crash down to a failure and lost, under the Trump Tariffs. He could of dumped that $5.1 billion into crypto instead?
Same deal with Elon Musk pumping and dumping into crypto.
Note how they tell you buy crypto!
It's a ponzi scheme. Other invest their smaller amounts of money into it and see it going up, get greedy and stay there watching it grow more and more with other smaller investors adding to it. Then whale(s) pull out their massive amounts of funds from it, scamming those smaller investments grabbing profit from them and crashing down the crypto price to be worthless for them.
This isn't the first time Elon Musk has done this ponzi scam either, he previously did it with Tesla crypto Bitcoin and pumping/dumping into a fake Dogecoin meme coin which is actually completely worthless, but gave it the illusion of skyrocketing, suckering others to invest in it too. Some American citizens investing into that lost their entire life savings, all thanks to Elon Musk who rolls around in billions and claims homelessness is fake, leeching off them.
However this time around even Trump himself is removing the American monitoring / security and safety checks across cryptocurrency... so it's even easier for American citizens to be scammed upon. You might not notice this till you are attempting to withdraw those funds, till then it's an illusion. Cryptocurrency watchdogs are normally quite strick, because it's very easily scammed upon, yet under Trump he wants all that removed and softened. Previously Trump himself even called Crypto a scam, till he saw Elon Musk scamming upon it and wanted in too.
Trump hasn't even signed the US Presidency handover ethical values oath, which covers the US President's from potential "Conflicts of Interest". Which this cryptocurrency currently is part of to wash dark (anonymous / including foreign) money across. It's no longer the American dollar, but rather a global one, which can be given or taken by any other country in the world.
Middle class families? Sure.
$100 a month for a struggling family? That $100 might be there electric or heating bill.