I personally think the FUD is only to drive prices down but I disagree with you on BTC being the only thing that can't be controlled. I think the only thing that they can't control is the hashing rate of BTC because they can just accumulate BTC. Because BTC is a deflationary asset, it is zero damage to fiat currency because it is similar to gold.

If gold wasn't threatening the dollar, why do you think BTC would? I think the biggest reason is because they don't like the crypto space and they want to hit it a few times to turn people away from crypto.

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