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A comment on Fidelity launches trade execution and custody for cryptocurrencies. Parent comment
Lots of people hold gold. These people musy sell their gold to pay taxes.
This does not drive the price of gold down to 0, because that's not it works.
Bitcoin is exactly the same as any other commodity.
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Lots of people hold gold. These people musy sell their gold to pay taxes.
This does not drive the price of gold down to 0, because that's not it works.
Bitcoin is exactly the same as any other commodity.