I keep wondering how long it will take for all the institutional investors to buy all the Bitcoin. At that stage they will then be able to control and fix the price.
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I keep wondering how long it will take for all the institutional investors to buy all the Bitcoin. At that stage they will then be able to control and fix the price.
It is not out of the realm of possibility. The futures market already could be providing that ability since the overall trading volume of Bitcoin is not that great (relatively speaking).
This is a flaw in the design of the amount being fixed. Fortunately, crypto does not suffer the same fate.
I agree i think it will be Bitcoin's biggest flaw or maybe strength but it won't be decentralised