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The market cap of Bitcoin is still small enough to be manipulated, and to swing wildly. For large trades you need massive liquidity, and Bitcoin’s liquidity can
by mw888 5y ago
The market cap of Bitcoin is still small enough to be manipulated, and to swing wildly. For large trades you need massive liquidity, and Bitcoin’s liquidity can’t handle taking on all of Russian finance overnight - not to mention that no broker is likely ballsy enough to facilitate such a deal.