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That's interesting, it basically means that the coins that are seized are basically out of the market, increasing the value of the coins left in circulation. Ho
by jfim 2y ago
That's interesting, it basically means that the coins that are seized are basically out of the market, increasing the value of the coins left in circulation. However, at some point the US government could start to liquidate a large position, causing a downward pressure on prices.
I wonder how large this stockpile is compared to the total number of coins in circulation.
- mtnGoat 2y agoSo basically nothing is changing, because in theory any of those agencies could have sold those in the past and some did. Now it’s just centralizing control… kind of ironic for a decentralized currency.
- sschueller 2y agoHow long until the keys are lost?