btclnd on Nostr: If I wanted to suppress a price and had infinite fiat I’d buy a ton of that stuff ...
If I wanted to suppress a price and had infinite fiat I’d buy a ton of that stuff and sell (constantly) for a loss. I could do that for a long time but if there were enough committed buyers and finite supply I’d lose.
Published at
2024-11-17 01:54:49Event JSON
{
"id": "9466966d888c4f450b10759d7f5ddb8c48a9955cfc91923c498d4f036b8f8fd7",
"pubkey": "34fd28a49f15200674a31d0f1a1556d2fc2588ae3ea74831fd0efb0406df3b78",
"created_at": 1731808489,
"kind": 1,
"tags": [],
"content": "If I wanted to suppress a price and had infinite fiat I’d buy a ton of that stuff and sell (constantly) for a loss. I could do that for a long time but if there were enough committed buyers and finite supply I’d lose.",
"sig": "c115fb5908b452909d7efc30679259f11cec4e489ae5a61e99fde25e4999d531a0de3d79411df77b7760f39381506e26966f69a675c585069b4ff711c79eaf45"
}
