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Tuesday, 06/28/2022 3:13:48 PM

Tuesday, June 28, 2022 3:13:48 PM

Post# of 57337
Official Statement on Bitcoin and Crypto's coming Collapse:

Banks and hedge funds want in, and they know that Tether's fake $67 Billion market cap, backed by worthless Chinese Commercial Paper, can come to light very easily, which is why Goldman Sachs and the prime brokers are shorting it with Billions and Billions. They want to own the whole crypto field. This is their shot, but first they have to crash it all down. Like UST fell to $0, and Luna $0. Now, Tether's lack of transparency will come to light, unfortunately. Without Tether having transactable value, Bitcoin and Ethereum are worthless.

Same story as the UST collapse to $0, but now USDT and therefore the whole crypto market. The only problem is that exchanges are not banks. They don't have to give anyone any of their money. There is no FDIC insurance.
Most of everyone won't be able to withdraw what's left. Exchanges could become insolvent... with no requirement to pay any of us.

The only thing to do is to transfer your crypto into your own wallet (if you believe in the long term case) or exit the doors with USD today (get out of exchanges) before they become insolvent.



$BTCUSD (recommended head for the emergency exits. get your dollars out of exchanges now)
#BTCUSD (recommended head for the emergency exits. get your dollars out of exchanges now)

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