ooli2@lemm.ee to World News@lemmy.mlEnglish · 1 month agoEl Salvador Abandons Bitcoin as Legal Tender After Failed Experimentticotimes.netexternal-linkmessage-square149fedilinkarrow-up1535arrow-down112
arrow-up1523arrow-down1external-linkEl Salvador Abandons Bitcoin as Legal Tender After Failed Experimentticotimes.netooli2@lemm.ee to World News@lemmy.mlEnglish · 1 month agomessage-square149fedilink
minus-squarejagged_circle@feddit.nllinkfedilinkEnglisharrow-up1·1 month agoYou mean if its worth hundreds of millions or trillions?
minus-square小莱卡@lemmygrad.mllinkfedilinkEnglisharrow-up2·edit-21 month agoYes, even a relatively small quantity like 100k?
minus-squarejagged_circle@feddit.nllinkfedilinkEnglisharrow-up1·1 month agoThat’s easy. Ive sold that much. Just do it on an exchange. Get over a million and you do it OTC.
minus-squarejagged_circle@feddit.nllinkfedilinkEnglisharrow-up1·1 month agoOver the counter. Big exchanges offer this. Basically p2p with escrow. Its done off exchange (though usually the same price). To prevent the trade from changing the market.
You mean if its worth hundreds of millions or trillions?
Yes, even a relatively small quantity like 100k?
That’s easy. Ive sold that much. Just do it on an exchange. Get over a million and you do it OTC.
What is OTC?
Over the counter. Big exchanges offer this. Basically p2p with escrow.
Its done off exchange (though usually the same price). To prevent the trade from changing the market.