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> While it’s dependent on an at-the-minute market price, the movement of 27,365 bitcoins on the block chain on October 4, likely from Ross Ulbricht’s stash, nev
by Fuzzwah 13y ago
> While it’s dependent on an at-the-minute market price, the movement of 27,365 bitcoins on the block chain on October 4, likely from Ross Ulbricht’s stash, nevertheless represents a substantial amount of holdings for the government.
> In fact, conventional wisdom might suggest that with a governmental body owning so much of the currency it could create substantial market-maker powers within the bitcoin world.
I did the conversion: 27,365 BTC = USD $3,426,084.77 at the current rate.