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RamenCoffee
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You assume the liquidity as a percentage of the total supply is the same at a higher price as it is now.

I can guarantee that liquidity is lower when price is moving up.

yes, there has been many 10% days. At 100k, that's a10k move.

if we're talking 200k, only need a 5% move for 10k.

probably some obscure HAM πŸ“» fact.

block rewards include fee, blobk subsidy will be inconsequential

No way. How can she say that with a straight face πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚

I'd say you're being held upside down over a hole, while being asked to give up your recipe of minestrone soup.

That's fine, the least educated don't have sway or wealth. Bitcoin doesn't ask much of them. They can just dogmatically reply 21 Million, no more, not running your software.

It's more of a passive defense. There are other active responses to specific attacks.

If there is no leak, then bitcoin relies on circular economy and black markets to develop. Possible but hard and no quoted price makes it a problem.

If there is a leak then there is a quoted price somewhere and the people in front of the leak make bank. Still difficult but it's then difficult for politicians to say they are successful.

The best is to have enough support within governments to stalemate political advancements while bitcoin takes more and more market share.