Post
Topic
Board Bitcoin Discussion
Re: Can bitcoin be hijacked by world billionaires???
by
serjent05
on 14/05/2021, 18:11:50 UTC
It is obvious that world billionaires are indicating interest into bitcoin of late ,for instance Elon Musk twitted that you can now purchase his Tesla cars with bitcoin, is he trying to hod bitcoins so it will be scarce then he control and dictate the price of the market or is it for the good of bitcoin that we have been expecting ,what do you think

Money can buy anything that has worth, if you are asking if the Billionaires can hijack Bitcoin, technically yes by producing 51% attack on the network.  But on the trading environment, I think no, since Bitcoin will cost more the more these Billionaires collect and hodl coins.  Traders are wise that they can adjust selling order to gain maximum profit.