It finally clicked today.
I've read on here where so many people talk about the "aha" moment. I was on my way to work this morning and out of nowhere I just had the thought of how governments keep control is by controlling the currency supply. Gold was held and they issued people paper money. Well now governments are stacking and holding bitcoin. So if the governments hold most of the supply of bitcoin then it can be somewhat more controlled. However, there's no printing more BTC like they can dollars. So what happens when everyone is like "we don't accept dollars here, only bitcoin."? submitted by /u/XxMoopyxX [link] [comments]
I've read on here where so many people talk about the "aha" moment. I was on my way to work this morning and out of nowhere I just had the thought of how governments keep control is by controlling the currency supply. Gold was held and they issued people paper money. Well now governments are stacking and holding bitcoin. So if the governments hold most of the supply of bitcoin then it can be somewhat more controlled. However, there's no printing more BTC like they can dollars. So what happens when everyone is like "we don't accept dollars here, only bitcoin."?
[link] [comments]