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> Sooner or later, the founders of BTC (for example) will start to cash out. At the moment, they seem to be cashing out gradually Who are these "BTC founders"
by lukeramsden 5y ago
> Sooner or later, the founders of BTC (for example) will start to cash out. At the moment, they seem to be cashing out gradually
Who are these "BTC founders" that are cashing out gradually? The only actual founder of Bitcoin, the anonymous Satoshi, has not moved any BTC since they disappeared from the internet: https://whale-alert.medium.com/the-satoshi-fortune-e49cf73f9a9b https://whale-alert.medium.com/the-satoshi-fortune-e49cf73f9...
- cuteboy19 5y agoThat's the real innovation behind cryptocurrency. There is no single founder, and so there is no one to put behind bars when the whole thing collapses. But still the formula of paying old investors with new investors money remains. It's quite brilliant really