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RE: Why Governments can not stop Bitcoin and will be forced to accept it

in #bitcoin7 years ago

One of those nagging questions that bother me, why doesn't the US Treasury or IMF/World Bank just buy up every last Bitcoin on the market, while it's still relatively cheep?

3% adoption is all that is needed to begin the demise of the dollar? Sounds like that will be accomplished within a short span.

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Yes it is a short span away to reach the 3%. I have the answer on the other question but I am saving that for another article that will be Earth shattering. Stay tuned.

Hope I'm not going to spoil your next article but IMHO they don't buy up all of the coin to prevent it from killing their fiats because there are many cryptos out there. If they take that strategy they have to buy all of them up. Only one of them has to get through to kill the fiats. With the ease that cryptos are created, buying ALL of them up would get very expensive very fast.

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