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Re:PayPal to allow cryptocurrency buying, selling and shoppi... by paulgb on Wednesday October 21, 2020 @12:33PM (#24849430)
> and movement of money on it

Not exactly, they could reverse transactions but if they fabricated transactions from thin air other nodes (including exchanges) would not honor them.

I agree with your second point though, the value would tank if this happened because the security of the coins is important to their value.

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