Chris Hayes broke down a plan by Republican legislators to transfer billions of dollars of taxpayer money to owners of Bitcoin in exchange for their holdings.
  • DickFiasco@lemm.ee
    351·
    4 months ago

    If you have a billion dollars worth of Bitcoin but you can’t sell it for a billion dollars, then you really don’t have a billion dollars worth of Bitcoin.

      • Bronzebeard@lemm.eeEnglish
        5·
        4 months ago

        One whale isn’t going to be able to cause a run on a $2T market cap.

        Bitcoin has absorbed the liquidation of the remaining assets from an entire defunct exchange before.

        • CharlesDarwin@lemmy.worldEnglish
          2·
          4 months ago

          Agreed. I’ve been hearing that Bitcoin is going to all come crashing down for at least 14 years, possibly 15. I suppose it still could happen - but.