D- on scarcity, as I just noted. In terms of the actual crypto market, the different cryptos are treated as near-substitutes. Thus, anyone can grow the pool any time. Bitcoin is the biggest, but the market doesn't care about your ideology.
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please stop posting apocalyptic nonsense into my mentions.
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What was apocalyptic about what I said?
End of conversation
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Worse, there is may only net $10B to $30B of cash invested in crypto. There's not enough money to pay everyone if they sell.
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And if you think the Fed will print enough money to pay everyone, you are deluding yourself.
End of conversation
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