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the major difference between fiat and bitcoin in this case seems to be that the whales in case of fiat currency are either the central banks (like the FED and E

the major difference between fiat and bitcoin in this case seems to be that the whales in case of fiat currency are either the central banks (like the FED and ECB) or large international banks who own a lot of currency?

empath75 9y ago
in the case of diamonds, it's deBeers.
- charlesdm 9y ago
  Used to be. Don't think they have the power over the market they used to have.
- inglondon 9y ago
  There is also no derivatives market for diamonds