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Bitcoin: by limiting issuance to 21M we have made price manipulation of our currency impossible Tether: hold my beer
by threepio 5y ago
Bitcoin: by limiting issuance to 21M we have made price manipulation of our currency impossible
Tether: hold my beer
- gruez 5y ago>Bitcoin: by limiting issuance to 21M we have made price manipulation of our currency impossible At what point did people claim that "price manipulation of [bitcoin]" was "impossible"? I think you're mistaking "price manipulation" with "dilution" (eg. quantitative easing or debasing).
- astrange 5y agoDilution is still possible either by forking it (and having normal non-Austrians accept the new one) or by starting lending programs (since banks create money by lending it.)