Re:The Merge
by lottin on Tuesday August 23, 2022 @08:22PM
(#32573441)
The point is that your assumption
> If you own a large amount of a currency, you want to ensure that the currency in question is trusted, or otherwise that currency would end up losing its value.
is fundamentally flawed. You can own a large amount of a currency and profit from it losing its value.
Re:The Merge
by mastazi on Wednesday August 24, 2022 @07:35AM
(#32577972)
OK, now I see what you mean, yes I agree with you then. But I think you are trying to generalise my comment - it wasn't an absolute statement, I was just trying to tell parent that in my opinion they misunderstood the grandparent's point.
> If you own a large amount of a currency, you want to ensure that the currency in question is trusted, or otherwise that currency would end up losing its value.
is fundamentally flawed. You can own a large amount of a currency and profit from it losing its value.