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No, there are $470 billion if you make the huge mistake of assuming you can sell each one at the same price. This is an issue for stocks also. If 100% of Amazo
by thehappypm 5y ago
No, there are $470 billion if you make the huge mistake of assuming you can sell each one at the same price.
This is an issue for stocks also. If 100% of Amazon share holders tried to sell simultaneously the price would fall precipitously. But, Amazon is at least backed by assets, dividend potential, and IP.
- paulpauper 5y agofrom the perspective of the scammer, there is a huge and liquid market. way more liquid than the market for fenced goods. we're talking tens billions of dollars eth traded a day on many exchanges. that is like 1000x as much stolen by this one kid. the market is big enough to support a lot of criminals. plus, many of them are not going to be cashing out.