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90 sats \ 2 replies \ @0xbitcoiner 14 Mar 2024 \ on: MicroStrategy’s Speculative Attack bitcoin
There are a few ways to do this, but I'm not sure if they would be effective.
One obvious way would be through stricter regulation, such as limiting the amount of bitcoin that institutions could hold.
Another way would be to continue using FUD to scare people away from bitcoin. This could lower the demand for bitcoin.
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85 sats \ 1 reply \ @kr OP 14 Mar 2024
wouldn’t an upfront limit on Bitcoin holdings just attract more companies to buy Bitcoin?
these kinds of upfront limits show weakness, it’s like a bank saying you can only withdraw $10/day, basically asking for a bank run.
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0 sats \ 0 replies \ @0xbitcoiner 14 Mar 2024
Fair enough, I hadn't thought of it that way.
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