This is tinfoil hat stuff but......
The Federal Reserve raised rates to wipe out 1000's of Banks so they could consolidate into a few. Gold is heavy and cumbersome and not a real viable currency. The Fed wants to remove paper dollars to a digital currency that a few banks control so they can monitor us all.
Therefore will Bitcoin be the black market currency? Will the US Government wipe it out?
again tinfoil hat stuff but the Fed knew they were going to break something with their rate hikes.
Greenspan raised 75 basis points in 1994 and Bankrupted Orange County. Greenspan warned of his measured move in 2004-2006 and broke the banking system again. Everyone knew this massive 500% rate increase cycle was suicide so the answer is why.