Why you should be thankful: The ability to hold your own coins is part of the value proposition of most cryptocurrencies. From the perspective of the Bitcoin system, one of the value propositions is that there is a finite, provably scarce number of bitcoin. If exchanges were found to be circulating an amount in excess of the number of bitcoin issued (i.e., they are selling paper, fake bitcoins rather than real bitcoins) we could: a) out some bad-faith actors in the space and b) see some crazy price movement as the demand for “real, actual” bitcoin spikes dramatically.
Related posts
-
Mark Cuban praises Kamala Harris for engaging with the crypto crowd
Billionaire investor Mark Cuban voiced support for Kamala Harris’ approach to the cryptocurrency industry in a... -
Hoskinson Claims Cardano Is ‘Still #1’ Crypto, Citing Decentralization And Upcoming Plans
Este artículo también está disponible en español. The recent Chang hard fork upgrade in September has... -
FBI Warns of Ichcoin Targeting American Crypto Investors
The Federal Bureau of Investigation (FBI) has issued a...