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Re:The Bitcoin Whales: 1,000 People Who Own 40 Percent of th... by kazen44 on Friday December 08, 2017 @09:32AM (#15878798)
the major difference between fiat and bitcoin in this case seems to be that the whales in case of fiat currency are either the central banks (like the FED and ECB) or large international banks who own a lot of currency?
Re:The Bitcoin Whales: 1,000 People Who Own 40 Percent of th... by empath75 on Friday December 08, 2017 @09:32AM (#15878804)
in the case of diamonds, it's deBeers.
Re:The Bitcoin Whales: 1,000 People Who Own 40 Percent of th... by charlesdm on Friday December 08, 2017 @09:35AM (#15878828)
Used to be. Don't think they have the power over the market they used to have.
Re:The Bitcoin Whales: 1,000 People Who Own 40 Percent of th... by inglondon on Friday December 08, 2017 @09:38AM (#15878849)
There is also no derivatives market for diamonds