Post
Topic
Board Press
Re: [2019-01-10]Nick Szabo: Central Banks May Turn To Crypto Reserves Over Gold
by
Slow death
on 10/01/2019, 18:53:19 UTC

let's suppose that yesterday some bank had bought bitcoin for the price of  $4000, The bank would take 4 billion dollars and Bum buys bicoin for the price of  $4000 and today they look at the bitcoin price:

1 btc =  $3500

the bank stay with many losses in less than 48 hours... bitcoin is very volatile