Comment Re:It's DeFi! (Score 1) 75
Sorry I guess I'm going to have to ask a more specific question. Do you have an example of anybody owning a few million $ in bitcoin *exchanging ALL of it* for something that is not Bitcoin or another cryptocurrency or crypto asset. The fact that you can exchange a small amount of bitcoin for the equivalent amount of dollars does not prove anything.
There are examples of people exchanging their entire hold of hundreds of millions in gold or stocks, without the value of those commodities crashing. Would like proof this is the same for bitcoin.