Theoretically, how many fiat dollars would a nation state actor need to spend daily just to conduct psychological operations against new #bitcoin holders by keeping the price at $58k?
#asknostr
Theoretically, how many fiat dollars would a nation state actor need to spend daily just to conduct psychological operations against new #bitcoin holders by keeping the price at $58k?
#asknostr
it just takes the crumbling of several other countries' economies
jk IDK
Not that much, since they are buying and selling to each other (ETFs, Exchange, Futures, Corporate holders etc). The losses are only the upward propensity induced by retail, a very small fraction of a percentage for each transaction. And yes, the rest can be subsidized by printing.