Home » News » Bitcoin is being attacked – The digital currency laws change and forcing individual financial institutions to change their rules (Reddit Bitcoin)

Bitcoin is being attacked – The digital currency laws change and forcing individual financial institutions to change their rules (Reddit Bitcoin)

I live in Sweden and trade for a living. Near all national banks have limited or disabled wire transfers and credit/debit cards for Coinbase. Literally Bitcoin is under attack, I am intentionally doing my best to avoid sounding like a “conspiracy theorist”. But….

#1 The 400 billion drop. which was the most orchestrated sell-off I have ever seen in terms of Technical Analysis. Massive amount of shorts, options and funds were unloaded, as you all know.

#2 Endless PR. About Bitcoin crashing the moment El Salvador announced it as their national currency. – https://www.nasdaq.com/articles/coinbase-bitcoin-and-other-cryptocurrency-stocks-plunge-as-options-traders-liquidate-2021https://www.techspot.com/news/91147-bitcoin-down-10000-first-day-el-salvador-official.html – Countless more. The most upvoted reddit post regarding this:https://www.reddit.com/r/worldnews/comments/pkas7p/bitcoin_crashes_on_first_day_as_el_salvadors/ with the exact title of “Bitcoin crashes on first day as El Salvador’s legal tender”

#3 “Conclusion” – Bitcoin is being attacked virtually, financially and even psychologically.

Here is an old article regarding alleged fraud and embezzlement – https://news.bitcoin.com/european-banks-facilitated-large-crypto-fiat-deals-probe-finds/

More about the Banks and Lithuania: https://www.bitcoin.name/category/swedbank/

submitted by /u/Doubleleif
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