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Re:Bitcoin is a disaster by doggosphere on Thursday December 31, 2020 @05:59PM (#25598199)
BTC prices have been driven by institutional demand and federal monetary policy.
Re:Bitcoin is a disaster by aent on Thursday December 31, 2020 @06:02PM (#25598227)
Or 21 billion fake tether dollars.
Re:Bitcoin is a disaster by opendomain on Thursday December 31, 2020 @09:27PM (#25600211)
I have serious questions about tether.

As far as I know, they have not proven they even have 1 billion on reserve. How can they claim 21 billion?

Is this pyramid scheme the real reason bitcoin prices are so high?

Re:Bitcoin is a disaster by vulpesx2 on Thursday December 31, 2020 @06:01PM (#25598225)
I've seen sources to corroborate institutional demand, but is there a source for your claim on the link to federal monetary policy? Ideally beyond correlation to show causation.
Re:Bitcoin is a disaster by doggosphere on Thursday December 31, 2020 @06:40PM (#25598625)
I don’t, but it is one of the core reasons why Bitcoin is attractive to anyone.

Asset prices are up across the board.