Correct me if I made a mistake, but it seems like this is not a stable market. What's to stop me from buying a large chunk of the supply and sitting on it? That would increase the value of my ETH because VISA throughput would have to be maintained. Many others would come to this same conclusion, driving the price up massively.
> ETH Value: $0.088
(There are 100M ETH)
Correct me if I made a mistake, but it seems like this is not a stable market. What's to stop me from buying a large chunk of the supply and sitting on it? That would increase the value of my ETH because VISA throughput would have to be maintained. Many others would come to this same conclusion, driving the price up massively.