Re:Billionaire Mike Novogratz says 10% of his money is in Bi...
by clarkmoody on Friday April 21, 2017 @10:53AM
(#14166105)
> owner of a substantial fraction of the blockchain
No, the blockchain is the data structure that stores historical transactions.
He could be a large owner of the circulating currency, and he would face issues trying to sell a huge chunk of value all at once. The crypto markets are not very liquid compared with mature financial markets.
No, the blockchain is the data structure that stores historical transactions.
He could be a large owner of the circulating currency, and he would face issues trying to sell a huge chunk of value all at once. The crypto markets are not very liquid compared with mature financial markets.