The whole damn market is rigged

The reason we don’t have adoption yet is because regulators kiboshed it with KYC and AML reporting mandates under the pretext of combating money laundering, tax evasion, and terrorism. We know these are baloney excuses because they don’t apply to cash, but they’re ultimately justified by the income tax code. We’re never going to see adoption until these reporting mandates are eliminated, which isn’t going to happen until the income tax code is eliminated, which probably won’t happen ever. And that’s why all prices are false. The whole crypto market is just floating in limbo and full of scammers using API bots to push prices up and down at will.