The market for the digital items plummeted after their glory days in 2021 and 2022, and they’ve proven to be not only an artistic and aesthetic disaster, but a shortcut to financial ruin
@mattyroses@HK65 starting another blcokchain is not as easy as copy the blockchain unless you convince the majority of people that your fork is better than the previous one
But here you’re talking about a hypothetical where, for some reason, a major government has bought up all blockchain tokens and won’t release them. So nobody’s on the original one anyways.
The supply of an asset is the volume of that asset available for purchase.
If I buy all of that, supply becomes zero.
The price goes up as you buy it.
You could attempt to corner the market, but in doing so, you’re also going to be massively enriching the current holders.
What point would taking the entire supply do - especially since you can easily just start another blockchain?
@mattyroses @HK65 starting another blcokchain is not as easy as copy the blockchain unless you convince the majority of people that your fork is better than the previous one
Sure, there’s a large network advantage.
But here you’re talking about a hypothetical where, for some reason, a major government has bought up all blockchain tokens and won’t release them. So nobody’s on the original one anyways.