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Why do we believe in a currency that can easily be manipulated by single tweet?

Bitcoin Reddit

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The whole point of crypto was no centralized system, and cutting the middle man, not dependent on government, so no inflation and such. list goes on.

However it is such a redflag to see a currency literally gains or loses 15-20% of its value within minutes based on someone's tweet. This was just Elon, now imagine CEO of square, or Coin, or Cathie Wood from ARK, can just make outlandish comment one day to create large swings and profit off of that.

What do you all think?

submitted by /u/daynightcase
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