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Cuba to suspend Visa and Mastercard transactions, citing US sanctions
(www.reuters.com)
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this post was submitted on 03 Jun 2026
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Lemmy loves open source except if it is bitcoin or Ethereum. I don’t get why so many are so happy for their government to be able to control their wealth through currency manipulation. Plus governments also use money to suppress dissent or ideas the gov’t doesn’t like, aka things like Wikileaks.
Cryptocurrency is also prone to manipulation and it doesn't have to be through the protocol. Did you think the increase in value of bitcoin to over $100k per coin was organic?
Do you have any evidence or are you just making things up?
https://quantpedia.com/a-very-influential-paper-about-tether-bitcoin-relationship-manipulation/
So their “evidence” is that people use new tether to buy bitcoin after bitcoin prices have gone down. Fundamentally they don’t show that people aren’t buying tether but they falsely claim it is evidence of manipulation. The data could also be explained by folks purchasing new tether to buy bitcoin. The paper is from 2018 and tether has gone through numerous government investigations since with no major action. This paper lacks anything resembling real analysis and does not meet the standards of a scientific paper.
Source: I’ve been on more than 40 physics papers and have personally solved more than one impossible physics problem.
I bet you claim that the dollars in bitcoin ETFs aren’t real either. Bitcoin ETF is growing far faster than gold did. https://finance.yahoo.com/news/blackrock-bitcoin-etf-becomes-fastest-192152139.html
You think it's not manipulated because institutions set up financial instruments that people can throw money into? Seeing as you felt the need to reply to the same message three times in rapid succession, I can see you're very confident that bitcoin is not manipulated. Have fun with your totally-not-manipulated bitcoin propped up by printing.
I’m not worried about bitcoin. I’m tired of the same nonsensical and unsubstantiated arguments made from ignorance. Have fun being ignorant.
That paper is bullshit. Source, have a PhD.
Come on. It's 2026 dude. Not 2014.
Making things up then.