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

  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.

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 This will happen in Q1 of ever year, so don't get used to the outdated idea of Bitcoin winters.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 December 12, 2021 at 04:38AM by TheFutureofMoney https://ift.tt/3ESohjN

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