Cryptocurrency Q&A
What happens if all bitcoins are bought?
What happens if all bitcoins are bought?
Martina
Sun Dec 08 2024
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7 answers
1193
I'm wondering about a scenario where all the bitcoins in existence are purchased. What would the implications be in such a case?
7 answers
Emanuele
Tue Dec 10 2024
The decentralization of Bitcoin ensures that no single entity can control the entire supply.
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Chloe_jackson_athlete
Tue Dec 10 2024
If, hypothetically, all existing Bitcoins were to be owned by one person or entity, it would drastically alter the dynamics of the market.
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Raffaele
Tue Dec 10 2024
The concept of Bitcoin's creation is designed to be decentralized.
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SkylitEnchantment
Tue Dec 10 2024
Even if one individual were to attempt to acquire all the Bitcoins in existence, the protocol would still allow for new BTC to be generated.
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DigitalDynastyGuard
Tue Dec 10 2024
Specifically, the balance of supply and demand would be severely disrupted.
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