Cryptocurrencies unregulated: A billionaire that plays with the market
I don’t know if many people are into cryptocurrencies, but for those who are, I think you are aware of the shitshow we are currently facing. With a billionaire (Elon Musk) just pumping and dumping the market continuously. One month ago he advocates for Bitcoin, claims that his company has bought lots of it, pumps the price, and then sell it all.
How can we be so sure that this scenario won’t happen with pretty much anything if Libertarianism is adopted in the world?
Now in this case, I think people will wise up and start “punishing” Elon by dumping their Tesla stocks.
I still claim myself a libertarian, but this crypto thing is confusing me. I hope someone can enlighten me on this situation.
Article from r/Libertarian: For a Free Society