Exchanges don't control the price. It's the whales that are responsible for volatility. But at the core, the price of bitcoin is determined by the value of the network and the technology itself.
Dude thats so 2019. Btc can tank down with 1 tweet of musk or saylor. Exchanges stop withdraws when they want. The core fundamentals are one thing but the reality its controlled by exchanges and tether printing tether unbacked from thin air.
They own everything. No way out.
Statistically, institutional control of bitcoin is less than 10%. This is the only alternative.
They own binance and coinbase too. Easy to manipulate the price.
Exchanges don't control the price. It's the whales that are responsible for volatility. But at the core, the price of bitcoin is determined by the value of the network and the technology itself.
Dude thats so 2019. Btc can tank down with 1 tweet of musk or saylor. Exchanges stop withdraws when they want. The core fundamentals are one thing but the reality its controlled by exchanges and tether printing tether unbacked from thin air.