Re:Coinbase Sued by SEC for Breaking US Securities Rules
by bdcravens on Tuesday June 06, 2023 @09:39AM
(#36212574)
That's one of the great fantasies in crypto: "The geek shall inherit the earth"
There's no reason to believe banks and governments haven't been stacking crypto. The argument is that it wouldn't go unnoticed and large buys would drive up the price, but a well-run purchasing project could easily handle "small" purchases over a long-term, especially if the goal is control and not price speculation.
There's no reason to believe banks and governments haven't been stacking crypto. The argument is that it wouldn't go unnoticed and large buys would drive up the price, but a well-run purchasing project could easily handle "small" purchases over a long-term, especially if the goal is control and not price speculation.