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3 Major Attacks on Bitcoin This Year, And We're Still Crushing every Other Investment on Earth

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  1. China Full Ban, forcing a miner migration that should have hurt the global network, but didn't
  2. "The Infrastructure Bill" written by central banksters, for the central banksters, legislation that includes a provision that creates new reporting requirements for many participants within the blockchain industry, designed to slow down adoption, public trust, and regulatory compliance.
  3. SEC backs Futures ETFs and kills any Spot ETFs. Gary Gensler is clearly on the take, and is working for the central banksters on this one. He's not a very good liar. May be getting blackmailed, or just sold Bitcoin out for cash, but either way he is working against Bitcoin's best interests. Since this passed October 19th, Bitcoin has tanked, after the initial ETF investment spike.

(Gensler may take a little more explanation. I think Gensler is compromised for many reasons, how he has stated the terms for a spot ETF, and the dozen companies that have applied have all failed to comply? Not buying it. You think the banks want Bitcoin going over $200k this year, when they don't have much, and they have to get board approval to go deep on Bitcoin, and that can take another year or two? I don't think so. they want to slow Bitcoin down the most, because they don't own it and can't compete with it.)

("Being the head of the SEC is an appointed position, like being the Commissioner of the NFL. they installed Goodell as commish because they know he's look after the owners interests first, last, and always, not the fans, not the players. Gensler is in the same spot with the central banks. They run the SEC, just like they run The Fed. He knows who's paying his bills, and its not Bitcoin, you or I. Especially after the 2020 Election, you can think Washington is as clean and true as the driven snow if you want, but I see a swamp, and Gensler didn't get to the top without capitulating to someone. He answers to someone, and its not us, clearly. )

(He knows Bitcoin, which may make him a real asset to those who control him. You may see him as an asset. I see him as a liability. He wasn't voted in by the proletariat. He was installed by a group, inside of Washington. Big difference. He's not "fighting the power" in Washington. He's just another empty suit. He's just one that understands Bitcoin, which may be a curse, for Bitcoin, as much as a gift. Just because he understands Bitcoin doesn't mean he puts Bitcoin above the interest of his superiors. If you think he's really looking after your best interest, not Wall Street. then so is Biden. To each his own. That's what I see. It's way too easy to pay him off, or pull his strings, then to allow a decentralized asset to run wild against Wall Streets interests. Futures ETfs acts like a parachute, slowing Bitcoin growth down. Who does that help? You or the banks?)

Any one of these would destroy a lesser crypto, but all this can do is slow Bitcoin down, to an extent. Still up over 65% this year, but with this much headwind, Bitcoin wasn't allowed to operate in a free market in 2021. These were all done deliberately to slow Bitcoin's growth and value.

Bitcoin is up 65%, when the S&P is half that, Gold and Silver are down for the year, Apple is at 38%, moving up based on inflation, not value. Same for Tesla, up 39% in 2021. Bitcoin is crushing the established market players, and this year isn't over yet. There's one more run coming.

The good news is Bitcoin is still growing at a healthy rate, exchanges are seeing supply shrink, and next year, there will be plenty of SEC filing from top corporations and brands revealing their Bitcoin stacks, spurring another round of bull runs for 2022. This will happen in Q1 of ever year, so don't get used to the outdated idea of Bitcoin winters. Bitcoin has evolved past that part of its growth curve.

submitted by /u/TheFutureofMoney
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