Well, isn’t this a pretty picture? Barbie has left the pink convertible at home, traded in the Malibu mansion for a digital wallet, and decided to take a joyride on the Bitcoin rollercoaster. But the real question we should be asking is not why Barbie is buying Bitcoin. Instead, let’s ask, “Why are the Wall Street puppeteers peddling Bitcoin like it’s the next must-have accessory from Mattel?”
Gary Gensler and His Bitcoin-Only Mantra
First on the stage, we have Gary Gensler, the grand ringmaster at the Securities and Exchange Commission. According to him, “everything other than Bitcoin” is a security. It’s as if he’s telling us, “Ignore all other cryptocurrencies, folks. Just stick with Bitcoin.”
Michael Saylor: The Ken Doll of the Crypto-World
Then, we have our Bitcoin Ken, Michael Saylor, the high-rolling CEO of MicroStrategy. Mr. Saylor, it seems, has a habit of cheerleading Bitcoin to the extent that one might think he was the chief marketing officer for Bitcoin, Inc. Instead of a leisure suit, our Ken wears a Bitcoin logo.
1 Bitcoin and the Tether Connection: A Curious Dance
While we’re bombarded with this Bitcoin frenzy, there’s an interesting side-show: Bitcoin’s price often swells when Tether inflates it. But nobody seems to care much about this. Why bother with the nitty-gritty when there’s a flashy Bitcoin narrative to sell?
2 Bitcoin Barbie: The Ultimate Ken Currency
So, Bitcoin is now the currency of choice for the Kens of the world – wealthy, successful, Bitcoin-bashing men.
In the end, why Bitcoin? What are they planning? It could be XMR (Monero) but Why so sudden Bitcoin?
YOU MIGHT LIKE
Celebrating Bitcoin’s Milestone: A Dive into Its Relationship with Wall Street As we celebrate the 15th anniversary of Satoshi Nakamoto’s Bitcoin white paper, a pivotal moment in the history of