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Isn't this similar to stocks where a single person owns a large percentage of a company? Zuckerberg could do some serious damage for FB if he decided to sell e
by mdonahoe 14y ago
Isn't this similar to stocks where a single person owns a large percentage of a company?
Zuckerberg could do some serious damage for FB if he decided to sell everything at once. But it is in his best interest not to.
Over time more bitcoins will be mined, and the 400k hoards won't be as powerful.
- asciilifeform 14y agoThere is an important difference. Zuckerberg doesn't try to hide his ownership of his massive stock holdings by parcelling the whole thing out to a million shills. And if he were to try, he could very well go to jail. The hoarders of the Great Bitcoin Hoard, on the other hand, have worked hard to stay in the shadows, and have largely succeeded - until now.