Investment & Investing

You are reading a single comment by @frank9755 and its replies. Click here to read the full conversation.

•

andyfallsoff in reply to @frank9755

increasing the value of their coins proportionately

Would it really do that?

•

frank9755 in reply to @andyfallsoff

It might. In theory it would by shifting the supply/demand balance but hard to split out the impact from other price movements.

Wouldn't work for fiat currency, eg the KLF burning £1m, as the supply isn't fixed

•

andyfallsoff in reply to @frank9755

I guess it would have an impact relative to them being sold - but otherwise one person dying and their coins disappearing makes no actual difference right? Those coins wouldn't have been circulating to buy before and won't be after

About

Avatar for frank9755 @frank9755 started