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Let's say I have a cryptocurrency and I premine a thousand units and make a hundred available for use. Those 900 could enter the market at any time and drop the
by willcipriano 5y ago
Let's say I have a cryptocurrency and I premine a thousand units and make a hundred available for use. Those 900 could enter the market at any time and drop the value, so for me, I'd price that in.
Same thing with cash in a drawer, it may exit the drawer someday.
- neilwilson 5y agoIt may, but it doesn't - because insurance and status. Similarly all the oxygen molecules in the room may spontaneously move to one corner of the room long enough for you to suffocate. But I bet you don't walk around in a diving suit.