Yes, so crypto is just like fiat but without regulations or safe guards or insurance.
It's very very hard to do though with Bitcoin.
It's hard to manipulate the quantity of bitcoin --- not so hard to manipulate the price of bitcoin.
That's why I'm not a fan of crypto in general, only of Bitcoin
> It's hard to manipulate the quantity of bitcoin --- not so hard to manipulate the price of bitcoin.
True, but I guess it's easy to do that with every small market. I'd imagine the bigger the market capitalization, number of participants the harder it would be to manipulate the price.
It's pretty easy when you can mint Tethers and keep the price pegged at $1 USD no matter how many you print and use them to buy/inflate the price of bitcoin.
Yes and anyone can easily make money just like Bitcoin --- just clone it.
How many Bitcoin clones and forks are being used in the crypto-market right now?
Too many to easily keep inventory in your head.