Comment

Comment by twohlix_

If a single entity owned all BTC produced it would be largely worthless. There would also be no speculative value in it as no one would have any horse in the race. The value of BTC is driven by the network of BTC and its ability to be used in transactions as well as a speculative instrument.

Given that, If your question is altered to somehow own all of it while keeping its value, i'd rather the 100B easily liquidated assets over 10B revenue yoy.

parent twohlix_ 9 years ago

No comments yet

Be the first to share your thoughts.

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton