The Fed didn't announce its rate decisions until 1994. Before that you had to work it out from what they did in the markets. In 2011 they started doing press conferences, streamed live. Bitcoin was two years old. Now they get clipped and debated over on X before they're even announcing anything. I think this type of authority only works best at a distance. The minute people start arguing with it, ending up in replies, the authoritative position starts wearing down.
Fernando Nikolić 🇦🇷 🟠Share
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