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What if it's all a scheme to drive up the value of bitcoin via speculation? Increased attention to the currency will have some bidding up the price, so anyone
by waterlesscloud 14y ago
What if it's all a scheme to drive up the value of bitcoin via speculation?
Increased attention to the currency will have some bidding up the price, so anyone just holding bitcoin could profit, even if without 1 coin being sent to either address.
Of course, if someone did try to make the payment and purchase a million bucks of bitcoins, that would drive the price sky high.
- brucehart 14y agoMy first thought is that it would do the opposite: increase political pressure on Bitcoin so that it may become more difficult to use (legally). This would drive down the price since many buyers are speculating on Bitcoin becoming more mainstream one day.