Re:Ask HN: Will banks inflate Bitcoin just like they inflate...
by idontwantthis on Tuesday July 26, 2022 @06:21AM
(#32236430)
What you're describing is a made up fiat currency with the same name, not actual Bitcoin. Bitcoin isn't real unless it exists according to the Bitcoin blockchain.
A bank can't create Bitcoin anymore than I can create dollars. I can create something that I say is dollars, but when I try to use it as dollars no one will accept it.
A bank can't create Bitcoin anymore than I can create dollars. I can create something that I say is dollars, but when I try to use it as dollars no one will accept it.