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Exchanging != selling cryptocurrency If I buy a Tesla with bitcoin and Tesla keeps recirculating the same bitcoin or at least majority of it to purchase raw ma
by soheil 6y ago
Exchanging != selling cryptocurrency
If I buy a Tesla with bitcoin and Tesla keeps recirculating the same bitcoin or at least majority of it to purchase raw material without selling it why does that must drive down the price of bitcoin?
- nhumrich 6y agoBecause almost certainly, the implementation will be for the company, mastercard, tesla, etc, to immediately turn around and sell the crypto for $.