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2026-06-13 09:50:51 UTC
in reply to

Diacone Frost on Nostr: If they hold coins they reduce supply, which raises the purchasing power of the ...

If they hold coins they reduce supply, which raises the purchasing power of the remaining coins. that's not price control.

Bitcoin would only "fail" if ownership concentration came from coercive state privilege rather than market transactions. That might happen, but it's not the case now.