Everyone’s favorite billionaire investor George Soros to the rescue! After repeatedly condemning cryptocurrency as being a worthless investment and not a proper store of value it looks like he’s publicly changed his position.
But can the man known for causing the Asian Financial Crisis of the 80s, European Refugee Crisis, Election Hacking and much more be trusted or will his involvement mean a pump and dump that leaves cryptocurrency reeling?
We can be sure there are many big whales and hedgefunds in the crypto market but George Soros could be a game changer, for better or worse. George Soros has never paid for the crises he’s accused of causing which would clearly be illegal but what if there was a better way? Cryptocurrency! The cryptomarket is ripe for the picking because insider trading is not illegal, pumping and dumping is not illegal and essentially all of the dirty Wall Street tactics can be used without any concern, at least for now. So it is no wonder to me that the cryptomarket is in turbulence as more and more big money flows in. A hand full of elite, wealthy investors could make or tank the entire market and I think that’s what we’ve been seeing.
George Soros is coming whether we like it or not, it’s time to HODL and divest of 99% of the worthless ERC20 coins if they haven’t produced.