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the fiat currency required to fullfill the 22 million coins being cashed out would be removed from other areas of society
by wolco 9y ago
the fiat currency required to fullfill the 22 million coins being cashed out would be removed from other areas of society
- sillysaurus3 9y agoWhy is that different from a startup being acquired for $22M? In both cases, people now have $22M to spend that they otherwise wouldn't have had.
- rspeer 9y agoStartups are bought because the buying company plans to use them in a profitable enterprise. What would you do with post-crash Bitcoins that you paid a dollar for?