3 ms·
There is cost for storing bitcoin in terms of security risk (thefts and disasters) and network risk (mining power, network fracture), in addition to, energy cos
by neatze 6y ago
There is cost for storing bitcoin in terms of security risk (thefts and disasters) and network risk (mining power, network fracture), in addition to, energy cost.
What article does not mentions is case of:
Black Friday, in U.S. history, Sept. 24, 1869, when plummeting gold prices precipitated a securities market panic. The crash was a consequence of an attempt by financier Jay Gould and railway magnate James Fisk to corner the gold market and drive up the price.
Source: https://www.britannica.com/event/Black-Friday https://www.britannica.com/event/Black-Friday
Question is; how bitcoin is protected against market cornering ?