5 ms·
There are indeed many absurd things about this case, but that's not one of them: the value of anything will collapse if you try to sell a significant fraction o
by 9nGQluzmnq3M 7y ago
There are indeed many absurd things about this case, but that's not one of them: the value of anything will collapse if you try to sell a significant fraction of the world's total supply at once.
- sk5t 7y ago"I'm sorry, your honor, the laws of supply and demand make it unpalatable to comply with the court's order."
- 9nGQluzmnq3M 7y agoAs noted elsewhere, the court is demanding that Wright hand over half the bitcoins, not $5B in USD.
- sk5t 7y agoI agree, although this is not the point to which your original post, and my concurring post, respond. Had the court ordered liquidation--of bitcoin, hogs, apartment blocks, whatever--it seems unlikely that market volatility would stay the court's hand. (Again, we agree about this.)