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RE: BTC bounces as FED expands Balance Sheet
again i totally agree with you they forced bitcoin underground and it survived and now they are accepting it although with the privacy coins i agree it will be a longer battle but once the establishment starts stealing peoples cryptos that are regulated and controlled they will all run to privacy coins and i also agree that is a long way off bitcoin took 7 yrs and monero will take a lot longer since the sheep are majorly asleep but it will happen eventually
the timing i cant say
great reply bud and have a great day
The only reason they are accepting bitcoin is because they are realizing it isn't competing with their fiat dollars, it is competing with gold. It also is not as easy to launder money with it as previously though. For those two reasons it has been "allowed" to survive. Anything that directly competes with fiat "they" will seek to crush.