Is Saylor being set up as the fall guy for BTC ?

This thought has crossed my mind.

MSTR has sort of replaced the Tether cartel as the "front men" for driving up the BTC price.

Whereas Tether did so by means that would've got any other dollar counterfeiter put in jail for a century1 , MSTR transitioned the pumping mechanism to the seemingly legitimate arena of stock buys and direct BTC investments.

(I remember the brouhaha when it came out that Tether was backing its own stablecoin with crypto purchases, nominally BTC.)

Another poster compared MSTR to a likely future Enron, others have speculated that the scheme is unsustainable and headed for future collapse.

Saylor is a charismatic figure with a chequered past that would be well suited for 'taking the blame' for a future manufactured collapse of the BTC price (and consequently massive crypto market dump).

His company, producing nothing of value, is not systemic in any way except to suck in dollars towards the BTC price. All based on a token which cannot be used as money at this point due to engineered uselessness of the protocol.

The best case outcome is an instrument into which to transition stored "wealth" (of the rich) while hyperinflating the dollar to clear the US national debt.

The worst case is a ruse - a greater fools scheme in which the wealth of those interested in moving from fiat to a better monetary system is sucked in, then imploded in a financial cataclysm that could form the necessary "crisis" on which central banks could market their rescue packages in the form of CBDC(s). In this case, Saylor would be getting much of the public blame (i.e. media scapegoating for this failure) as his massive BTC stash would no doubt be instrumental in orchestrating such a market dump. I don't think he would suffer legal repercussions, and even if he did, he'd be expendable to the financial system. Perhaps it is already part of a plan and deal struck long ago. Comfortable life and fame for a while, in return for a "service".

I'll spell out a few of the upsides of this "fall guy" scenario:

  • The public would have a well known figure on which to focus anger, stoked by the mainstream media and propaganda, instead of those in the background who actually make these things happen, who will remain largely unknown to the wider public, and unscathed by the fallout.

  • The previous dirty tricks will not be on the public's mind. Like financial agencies working together with Tether and other crooked enterprises to inflate the crypto market and using market manipulation to effect desired results such as pushing coins that are a threat to the financial system into relative obscurity. All this to buy time to mount a defense against the threat of decentralized sound money.

 

1 - and you don't hear much about the US lawsuit against Tether anymore, do you? It's gone very, very quiet.

submitted by /u/LovelyDayHere to r/btc
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Quelle: bitcoin-en