…That’s bad news for Bitcoin investors, as central banks and banks can find ways to taper the demand for Bitcoin, taming any further price gains and occasionally crushing it, as the Chinese government did recently….
A larger supply of cryptocurrencies could eventually crush Bitcoin prices for good, the way a larger supply of different varieties of tulips crushed tulip prices back in the 17th century….
Eulogy made by Panos Mourdoukoutas