Thanks for the thought provoking discussion on @villageglobal by two crypto thinkers: Arjun Balaji (@arjunblj) and Murad Mahmudov (@MustStopMurad) #bitcoin #cryptocurrency #economicshttps://itunes.apple.com/us/podcast/venture-stories/id1316769266?mt=2&i=1000417582614 …
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I think what you are saying is that the “1000 Whales” will eventually choose to spend a significant portion of their bitcoin which leads to the question of ease of spending. In the meantime they control the price. Do you trust 1000 whales or the US Fed more in the next 2-5 years?
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1000 whales because every BTC holder is incentivized to make BTC price pump as hard as possible. If you don't want to be subject of their short-term games the best course of action is to buy at a bottom and HOLD for 5 years.
End of conversation
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