Comment

Comment by floatingatoll

So if they still have those bitcoins, they're worth twelve billion dollars in theoretical value, assuming the market would cooperate.

It is unclear if the market would be able to execute a currency outflow of that size successfully without cratering value towards zero.

If they still have them, they could single-handedly demonstrate today whether the market can complete a currency exchange of this volume, and the outcome of the transaction would represent its maturity level at "one day of GDP" sized currency changes.

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton