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Then you would hold a weird power over the worlds largest economy? It’s the official medium of exchange. The government could print more money, but you would be
by dougmwne 4y ago
Then you would hold a weird power over the worlds largest economy? It’s the official medium of exchange. The government could print more money, but you would be able to flood the market at any time, essentially being a second federal reserve. Everyone would depend on you for loans to be able to pay their taxes. Likely the US government would need to deprecate the dollar and move to a new currency, which would have incredible economic shocks. Doesn’t sound at all like owning all the bitcoin.
I get your point, but they are really not the same.