Replying to Avatar boston wine

Theoretically… despite price not mattering…

Assume a theoretical huge and continued price increase in Bitcoin, followed by a crisis and drawdown, & then a “6102B” confiscation event…

Wouldn’t even this drive the price up (mid- to long-term), worldwide, at least for genuine self-custodied Bitcoin? Because by then, the amount of 6102’d corn would be a significant reduction of total supply.

#Showerthought
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Bison 1y ago

ya I think bitcoin wouldnt even have a fiat price soon after that. it would be game over for the jurisdictions that did that. so many other jurisdictions would have been thriving by then, while the 6102 jurisdiction would have been being deprived.

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