Read on Twitter
1/ I agree with @ReformedShort here. And it may come to that. This “crypto craze” has gotten too far. Winklevoss twins are pushing “BTC $500k” now. Useless BTC traded over $40k, while the founder’s real Bitcoin, with huge utility TODAY, is at $160. There’s something deeply wrong https://twitter.com/reformedshort/status/1354331330251612160
2/ Now there’s a concerted push to get public companies into BTC, risking shareholder capital. @michael_saylor is the “canary in the coal mine”. All while making a bunch of early, mainly anarchist BTC holders rich-while further encouraging pump & dump schemes to steal from retail
3/ investors. Of course “authorities” always act after the fact, when trillions have been lost by the most vulnerable small investors. The ICO “theft” of 2017/18 was just a warm up for what could happen in this bull run “if nothing is done NOW” @SECEnfDirectors
4/ The whole global investor-watch authorities ( @SECEnfDirectors @FinCEN_nUSA @TheFCA @JFSA_en @ESMAComms etc.) should be GRATEFUL to Dr. Craig S. Wright aka Satoshi Nakamoto, for raising the alarm NOW, about this whole “crypto scam”, starting with the biggest fraud BTC.
5/ CSW single-handedly (along with a dedicated band of BSV Dev’s, who would rather build something of real value rather than try to get rich building a hit-fad, worthless app on Ethereum) and believers like us invested in BSV, are trying to “clean-up” this mess..
6/ so, you bet, “let it all burn to the ground” - this will be a blessing, and save other naive investors, trillions of dollars in wasted capital. Satoshi created this whole space, and is fighting hard to make it legitimate. Don’t forget he stands to “lose billions himself”.
7/ and final...you want an example of this? Just read up on the “dotcom craze of the 90’s”. Crypto is following the same trajectory, except it will be larger when it implodes. I was there, and lived through that. A lot of the youngsters in Crypto today, have no understanding”
