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> someone could buy all BTC and drive its exchange rate (and thus its value) down If someone buys it like crazy, why would the price go down? > Someone could
by drcode 14y ago
> someone could buy all BTC and drive its exchange rate (and thus its value) down
If someone buys it like crazy, why would the price go down?
> Someone could also print more USD...
The use of the word "also" here is wrong since btcs can't be "printed" by "someone" like the dollar.
- the_mitsuhiko 14y ago> If someone buys it like crazy, why would the price go down? If someone has all the bitcoin in the world, why would anyone want some?
- drcode 14y agoYou couldn't... All the money in the world wouldn't be enough to accomplish this.