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Is it good that companies own a large amount of cryptocurrency?

deucher

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In your opinion, does it have a good effect on the cryptocurrency market if companies own a large amount of cryptocurrency and they can simply change the value of the coin at a moment’s notice. Is it good or bad?
 

Riberet19

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Well, I don't have a clear answer for this, since this happens with almost all assets, institutional and large companies end up hoarding large parts of the asset, this can give these entities have superior power in the market and in the movements of the market. asset, which could put the market at risk of being manipulated.
 
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