Bitcoin is fractional reserve. There isn't $982B in currency backing it. If everyone tries to sell at the same time it'll collapse after $10B or so leaves. P

Bitcoin is fractional reserve. There isn't $982B in currency backing it. If everyone tries to sell at the same time it'll collapse after $10B or so leaves. Prior collapses have been from small enough heights that individual Billionnaires like Jack Ma have been able to rescue it. At some point its going to hit a crash where a billion here or there won't be enough to bail it out when it goes down.