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Replying to Avatar LogicallyMinded

There had been more rumors that #BlackRock and Coinbase may create paper #Bitcoin. I don’t know if that’s true but this type of scheme would be the greatest threat to #BTC price. Bitcoin price can rise indefinitely with the creation of infinite paper money but this effect can be thwarted if paper money buys paper bitcoins rather than hard bitcoins.

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CitizenPedro 1y ago

This makes no sense? Why not just buy more Bitcoin with fiat?

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LogicallyMinded 1y ago

If it makes no sense to them, then why have they been suppressing the price of #Gold using paper gold?

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