Billionaires may be crypto's 66th order, keep your eyes open.

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On Friday I spent all day watching seasons 6 and 7 of The clone wars on disney+, these tell what happens between episode 6 and episode 4 of the star wars saga. And today when I read the news that important millionaires like Blackrock, Carl Icahn, Ray Dalio are considering getting into crypto, I immediately started thinking if these actions by people who were in the past against cryptocurrencies, would be like a kind of order 66 of cryptocurrencies.

For those who do not know what is the order 66 of star wars, is the action taken by the sith to kill the Jedi, and they did it through the clone troopers, who were the army of the republic and loyal friends of the Jedi, when the order 66 was executed the Jedi never saw it coming and for that reason they were successful.

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We are all aware of what happened 2 weeks ago when Elon musk manipulated the crypto market at his disposal by spreading FUD, and how with a series of tweets he made the prices of many cryptocurrencies fall to very alarming levels and have not yet recovered all that was lost. But what we should see more of this action of Elon Musk, is that he was able to demonstrate how much power has a millionaire or an influencer on the masses.

Since when months ago Musk said on Twitter that Tesla would accept bitcoin as payment for their electric cars, the bitcoin went up, also when he said that Tesla would buy $1.5 billion in bitcoin again the market was encouraged and the BTC went up some more. And this was very well received among investors and people in general because when all the millionaires were turning their backs on bitcoin or cryptocurrencies, tesla and Elon musk were willing to invest, but unfortunately, everyone had already fallen into the strawman trap.

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Now again the same story repeats itself, where 3 billionaires who were or are openly bitcoin except, are now considering investing in this cryptocurrency, for example, Carl Icahn plans to invest a very considerable amount of money, since it is not $10 million or $500 million, but $1.5 billion, which would be more than 4000 BTC. Larry Fink of Blackrock, although he has not yet said if he has already bought crypto if they consider it at the management level of his company. And Ray Dalio said he already owns bitcoin.

Of course, this may sound encouraging, since if these millionaires buy bitcoin the price can be saved, but remember that sometimes the cure is worse than the disease and that what today can be your joy tomorrow can be your curse.

Although anyone can invest in cryptocurrencies, the best thing you can do is to research very well and not fall prey to FUD when these millionaires decide to throw everything down the drain. Remember that governments, banking institutions, and elites do not want cryptocurrencies to continue to become popular, as it would mean that they would lose their power, so these investments that generate a lot of noise from these millionaires may be the order 66 that ends it all.

Keep both eyes open.

Posted Using LeoFinance Beta



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I think a lot of bank-related people are in on Bitcoin right now, and probably in mining too. So I guess transaction fees (which are just like bank taxes) aren't a concern anymore, since they collect them anyway.


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