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They can profit simply by holding bitcoin, which they're increasing demand for. Bitcoin has always been the kind of thing that rewards insiders. Companies and
by javert 5y ago
They can profit simply by holding bitcoin, which they're increasing demand for.
Bitcoin has always been the kind of thing that rewards insiders.
Companies and government officials can profit just by holding bitcoin and then incentivizing its wider use. It makes more sense to become an insider than to fight bitcoin. Arguably, that's even true for major financial institutions.