Critical Thinking Exercise

[Anonymous No.54423193]

Alright /biz/ lets have a little exercise shall we? Doing things like this will help you avoid getting taken advantage of. You will also be able to see through the fog of mis/disinfo. All you need to do is use that God given brain between your ears.

Lets start by acknowledging these two observations:
>The Government wants to control crypto
>The Government is selling all of its Bitcoin

We have two facts here. The idea now is to compose a narrative that will reconcile these two points. Then backtest those narratives against more previously established facts, which will be dependent on the narrative you're testing. You must be willing to challenge your preconceived notions and biases or else you will 100% draw the wrong conclusion.

Can /biz/ figure this one out? You better hurry up, time is of the essence.

[Anonymous No.54423221]

>>54423193
The government cannot legally hold that crypto.
It must be auctioned, by law.
Its not like they lack the ability to buy it in other ways if they want to.

[Anonymous No.54423238]

>>54423193
I thnk we should bring a lockdown. Covid is still killing many across the world and I felt better with everyone working from home, also it may help BTC increase in price again.

[Anonymous No.54423255]

>>54423193
>Critical Thinking
on 4chan

[Anonymous No.54423290]

Why would they sell it to a Chinese guy anyway for less money than it's worth? He's already being pursued by the SEC..of course it could all be a charade.

[Anonymous No.54423333]

>>54423193

Ccp want it. This fag is a puppet

[Anonymous No.54423345]

>>54423193

I hope you have the answer, because this is very interesting.
My two cents as a economics noob would be as follows: 1. Selling BTC, I would say they wont sell it to plebs but most probably to some bank, maybe even a central bank. This way they indirectly still controll that stash. Now I cant connnect this with control over whole crypto... imo they would need to buy a lot of btc to "controll" crypto, since everything follows daddy btc.

[Anonymous No.54423615]

>>54423193
all of those question can easily be answered by the government wants to control everything it sees, but is painfully incompetent so the outcome is usually a mess
doesnt mean an incompetent elephant still cant rek the porcelain shop

in this particular case the control isnt in getting all the tokens themselves since that is silly you can always just shadowfork
no its in controlling the methods of exchange, the goal is to make all the plebes trade 'crypto' on jpm custodial wallets that cant be withdrawn to self custody or you know real wallets
thats all the control they need, just like with gold the government doesnt own all of it yet has near total control over pricing

there explained it simple enough for you

[Anonymous No.54423620]

>>54423193
They know that there's another asset on the market that will soon rise in value against BTC. They know that over time this asset will come to play an even more important role than BTC itself. Their bureaucratic processes prevented them from building a position in this other asset in a measured and capital-efficient way over the last three years, because there were too many stakeholders involved and too many conflicting vested interests. They now need to liquidate their BTC quickly if they don't want to miss the party, but this will now be difficult for them to achieve efficiently.

They'll also be strategically exiting this BTC position on the way up with the intention of buying either USD or USD stablecoins off the market so as to protect their currency's value as the world of both fiat currencies and our more exotic currencies starts to change quickly. They know that both individuals and other nation states have become wise to the fact that the emperor of currencies is wearing no clothes, and they now have to play defence using any means they can. They absolutely cannot have a USD that re-values against digital assets or other fiat currencies too quickly; this is existential for them, given that their economy is still far more dependent on imports than it should be. That fact itself represents a comical mis-delegation of resources on a massive scale, given that they collectively occupy the geographical garden of eden. The good news is that these events will likely incentivize them to get their shit together one way or another.

Those of us positioned for the above hope you will enjoy the show!

[Anonymous No.54423643]

so BTC is overpriced by 10% ?

[Anonymous No.54423725]

>>54423643
Look at it this way: if they tried to market sell 41,500 BTC all at once, the price would drop so drastically that they'd lose a lot more than 10% on the trade. As their selling got deeper and deeper, the bids would get get worse and worse (and they'd also start triggering cascading liquidations in the market). They'd basically destroy the value of their own position by trying to exit it in the spot markets. This is why big players in any market tend to exit (or enter) large positions slowly and strategically.

Sun is saying that he'll buy them all at once at ONLY a 10% discount. That's just the price they'd be paying for liquidating all their BTC quickly -- this would be an OTC trade.

[Anonymous No.54423765]

>>54423725
You Semitic fucks are so tiresome. They already announced it would be done in batches. 41k btc isn’t a fraction of the supply. When stocks are dumped at such a ratio, they rebound because there are buyers. You are implying that there aren’t enough buyers for a small fraction of the existing btc, and you are probably right. A small dump of 41k btc over 3 months would probably shock the system because no one wants the shit.

[Anonymous No.54423798]

>>54423725
Retarded jewish nigger doesn’t even understand float or shares outstanding. A tiny fraction cannot be market sold or price will tank because it’s an unstable Ponzi scheme set up by kikes and chinks

[Anonymous No.54423836]

>>54423193
FUck the jews(ticker:USA)!

[Anonymous No.54423907]

>>54423765
>>54423798
What are you mad at, golem?

[Anonymous No.54423923]

>>54423620
Looks like /biz/ still has some thinkers.

[Anonymous No.54423941]

>>54423221
/thread

[Anonymous No.54423956]

>>54423923
you are both retarded. The US has to sell since its tied to a criminal proceeding. It's not strategically buying or selling anything morons

[Anonymous No.54423991]

>>54423956
You're misinformed. the money gets split between the agencies involved in the seizure

[Anonymous No.54424088]

>>54423193
The Government wants to "control" crypto.
Controlling doesn't mean that the government want to hold crypto, they simply want to regulate it.

[Anonymous No.54424157]

>>54423193
"the government" has many conflicting actors that compose it

[Anonymous No.54424232]

>>54423620
>That fact itself represents a comical mis-delegation of resources on a massive scale, given that they collectively occupy the geographical garden of eden
not exactly, you're only thinking in economic terms. When you import goods you export labour. Exporting labour is exporting misery, contaminants, factories, mining sites, exhaustion of natural resources

I think that it's all going to plan. No point in keeping Eden if you destroy it.

curious in what you think beats BTC tho. You either have the hashrate or you don't. POS is a house of cards.

[Anonymous No.54424273]

>>54423255
>on 4chan
so where do you want to think critically?

[Anonymous No.54424637]

>>54424273
Reddit

[Anonymous No.54424806]

>>54423907
>another Semitic pedo
>g-golem!
Lmao cryptard doesn’t understand basic English. Should I translate to hebrew for you ?

[Marvin Knapp No.54424833]

>>54423725
>>54423725

They would just accumulate a leveraged short position and then market sell nuking BTCs price and put their shorts drastically in profit. Then probably buy longs at the bottom they created. Kek<div class="xa23b"><span class="xa23t"></span><span class="xa23i"></span></div>

[Anonymous No.54424892]

>>54423193
>Lets start by acknowledging these two observations:
>>The Government wants to control crypto
>>The Government is selling all of its Bitcoin
>We have two facts here. The idea now is to compose a narrative that will reconcile these two points.

the government possessing crypto doesn't help it control crypto
put crypto in the hands of the people, let them transact on a public ledger, that's how the government controls it
same thing with the dollar, the government doesn't want dollars, they want you using dollars

the only form of money that debtor nations despise is gold/silver

[Brittney Hebert No.54424936]

>>54423193
You're not gonna believe this but the government is retarded.<div class="xa23b"><span class="xa23t"></span><span class="xa23i"></span></div>