Or "He ... still actually has a bunch of mining capacity hidden away somewhere."
Oh. Would you look at that. Turns out that he did.
You dont like theymos much, do you? LOL
Relevance? Never met theymos, so I don't have any basis upon which to like or dislike him or her.
I was just pointing out that theymos' blanket statement was erroneous.
Anyone can control bitcoin if they have enough money and the desire to do it. But who is stupid enough and has that much money to throw away? hash power=money.
In my experience, stupid people rarely amass much money. Lacking knowledge of the contrary, I would venture to speculate that an incidence of a stupid person amassing enough money to steer a $100B market is unprecedented.
Just some of the things youve said in the past. Maybe I should change that to agree with him instead of like.
Yes, its almost impossible to control $100b market by purchasing btc directly. Hash power is a lesser figure. Still tons of money but not $100b.
Stupid people dont amass much money? Have you heard of Donald Trump and Paris Hilton?