Re:Bitcoin Halving Just Occured
by bostonpete on Monday May 11, 2020 @05:36PM
(#23147386)
Printing new money is generally understood to devalue existing money, why wouldn't the opposite be true? I don't understand your El Chapo point or know what sort of assets were confiscated. Even if it was all cash, I'm guessing it wasn't just incinerated.
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Re:Bitcoin Halving Just Occured
by AlexCoventry on Monday May 11, 2020 @06:01PM
(#23147620)
They mean that 30% of the assets backing tether were seized, not that the tether itself was seized.