Post
Topic
Board Bitcoin Discussion
Re: How Influential El Salvador Is?
by
Pi-network314159
on 25/12/2024, 09:48:49 UTC
Which got me to think about the possible consequences if El Salvador were to ever announce that it is selling its bitcoins and plans to never buy any more?

There are too many posts all over the internet, with people worrying about what could happen if Satoshi sold their coins, or if El Salvador sold their coins, or if Michael Saylor sold his coins.

It's not something to worry about. Bitcoin's scarcity can guarantee that it doesn't really matter. There will always be 21M bitcoins. And, even better if they sell, we will buy cheaper!
it has been a regular conversation in the BTT forum lately and i see no need  to worry about it as well, because even if those numbers of bitcoin are sold, more people will buy and stack in there wallet and Hodl for   a longer period of  time , and will definitely make fortune out of it because they will have created scarcity. i know many people will regret a lot as time  goes on they will know the implication of what they have done. because many people with the intention of buying nd holding may have bought  tones of it an stack like microstrategy.