Global Feed Post Login
Replying to Avatar Bud

As for taking the institutions’ Bitcoin, it might have the same effect as the estimated 4 million lost or frozen Bitcoin today. It means that fewer coins are available to trade, as if the 21 million is effectively even far MORE scarce. The sudden increase in scarcity would be a supply shock in the rest of the world.

Avatar
Brian 1y ago

Fair point. It took a few decades but that's exactly what happened to the cost of gold in USD

Reply to this note

Please Login to reply.

Discussion

No replies yet.