News for hackers. Stuff that matters.
Re:Mexican billionaire Salinas says his banking business may... by luffapi on Monday June 28, 2021 @09:19AM (#27661561)
Musk receives billions of dollars in government handouts. Tesla and Space X could not exist without the government pouring our tax dollars on them. I don’t think it’s too far of a leap to suggest Musk’s role in destabilizing BTC came at the request of his patrons in the government.

Or he’s just incredibly stupid. Maybe a bit if both.

Re:Mexican billionaire Salinas says his banking business may... by SantalBlush on Monday June 28, 2021 @09:39AM (#27661814)
That does seem like too far of a leap, unless you have some strong evidence to support it. Did the government ask him to tweet about Gamestop, too?
Re:Mexican billionaire Salinas says his banking business may... by luffapi on Monday June 28, 2021 @09:47AM (#27661904)
So you think he’s just incredibly stupid? I would believe that but he does have billions of dollars of incentives to do the bidding of the US gov.

I could also see him tweeting GameStop as an anti crypto move. He basically has done nothing but inject fraud and FUD into the “internet investing” space that Bitcoin is a huge part of. How many people sold BTC to buy GME or otherwise shifted money there away from crypto?

Re:Mexican billionaire Salinas says his banking business may... by jjcon on Monday June 28, 2021 @10:11AM (#27662210)
*Looks like someone may have bought into the hype at just the wrong time*
Re:Mexican billionaire Salinas says his banking business may... by luffapi on Monday June 28, 2021 @10:17AM (#27662285)
Well Musk both created the hype and bought into it at the wrong time, definitely worth taking a look at his motives for making such an aggressively destructive move.

If you’re suggesting I bought in at the wrong time, I didn’t. I would never listen to Elon Musk.