this post was submitted on 11 Mar 2026
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[–] mattyroses@lemmy.today 3 points 12 hours ago (1 children)

That's the point of crypto - unless you can alter 51% of the blockchain, you can't.

[–] HK65@sopuli.xyz 1 points 3 hours ago (1 children)

You misunderstand, if I own the GDP of a world power, what's preventing me from buying a ton of Bitcoin and fucking with the supply that way?

Crypto nowadays looks like a pump and dump free for all.

[–] mattyroses@lemmy.today 1 points 2 hours ago (1 children)

How is buying the asset fucking with the supply?

If you mean hoarding it, that's pretty much all Bitcoin is good for.

[–] HK65@sopuli.xyz 1 points 29 minutes ago

The supply of an asset is the volume of that asset available for purchase.

If I buy all of that, supply becomes zero.