LogicallyMinded on Nostr: There had been more rumors that #BlackRock and Coinbase may create paper #Bitcoin. I ...
There had been more rumors that #BlackRock and Coinbase may create paper #Bitcoin. I don’t know if that’s true but this type of scheme would be the greatest threat to #BTC price. Bitcoin price can rise indefinitely with the creation of infinite paper money but this effect can be thwarted if paper money buys paper bitcoins rather than hard bitcoins.
Published at
2024-09-20 18:46:45Event JSON
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"content": "There had been more rumors that #BlackRock and Coinbase may create paper #Bitcoin. I don’t know if that’s true but this type of scheme would be the greatest threat to #BTC price. Bitcoin price can rise indefinitely with the creation of infinite paper money but this effect can be thwarted if paper money buys paper bitcoins rather than hard bitcoins.",
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