Saifedean Ammous
@saifedean
Author of The Bitcoin Standard, The Fiat Standard, The Gold Standard & Principles of Economics! Sold more than a million copies in 39 languages!
Joined December 2008
1.6K Following 423.6K Followers
When shitcoins begin to die, the insiders will usually buy it back to try to fool more bagholders to buy into a pump.
The US Treasury is trying this with its shitcoin today, but the bond market isn't impressed, barely moving 3 bps after 3 hours.
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