I believe the theory of government of buying the dips, they purposely try to pinch the crypto at any slight opportunity to cause dips in order for the to buy in the dips and sell when it hits another record high.
Mostly they pump and dump.
The government most times flashes the media with news in other to cause panic in the crypto and that creates room for alot of panic traders and sellers to sell off everything in there portfolio which they might have bought during the surge, and now they will have to sell and loose money while the government earns.
As for the faith of the central bank and Government ?
Trust me , they are scared of making crypto a legal tender and at the same time making money from the whole game and making the weak hands sell and remain poor.
Crypto taking over would for sure crumble most banks (if not all ). Definitely when crypto takes over nobody would go tk the bank to save money or stuffs like that. Transactions will be less stressful but on the other hand Al of poeple might loose tgere Jobs too.
So it is going to have a great impact on the central bank and also the government ( maybe ).
If they try making cryptocurrency a legal tender,how do you think czbinance binance owner,buterin ethereum owner, Nicholas kokalis(if he is successful with his project) would really be like the government because of thier influence in crypto
And there are so many job in cryto field.
Proofofbrain needs to develop it's frontend,@scholaris.pob needs moderators for vyb so many projects out there who needs people
You're not kidding. We definitely need support on POB and VYB. I think Calumam has a good handled on the VYB curation team, though.
I am lacking in many things @scholaris.pob and not much skillful.
What type of help do you request for pob and vyb Community I will do if it's within my capability
i would like you to state the areas in which you need the support and i would also tag it to the daily post