Bitcoin Forum

Since the government can print money excessively, i believe that this is enough to have power over Bitcoin.

Before you say that "me been gullible to my own thoughts" is in fully effect, take a minute to reason with me.

All I have to do if I have the power is turn on the printer, buy as much Bitcoin as I can, since I can print I will keep changing all that fiat to Bitcoin, eventually I will have a lot of Bitcoin.

Tell me how this is not a big problem? One sneeze from me on the social media will disrupt the value of Bitcoin, it means I am in control.

Am I been gullible to my own thoughts after all? Undo the blindfold then, thank you.

Government can only buy what's available for sale. If there's no seller they can't buy.

You don't get it. The more money they print. The lesser it's value
And the More expensive Bitcoin gets until their currency is worth nothing.
So if they used such strategy it would crumble their economy and shoot Bitcoins price.

You are in control of what you have access to with your seedphrase.

And even if you try to come from the angle of the government forcing a protocol change
Whatever it's created isn't Bitcoin.

Yes.

They just have a power into their regulatories in terms of the Bitcoin or lets say with the cryptocurrency once its take inside their country but over all the use of the bitcoin is they cant. Again the bitcoin use and becomes known with being decentralized so one can control the use of the bitcoin at all.


And bitcoin is not like with fiat currency of the different country that just printing that makes the price lower, in Bitcoin we have the halving which is we are limiting the number of supply of the bitcoin so its either the use of p2p or the use of exchange is they can buy a bitcoin.

The more they print, the more their currency loses value, and the more they need to print more to buy Bitcoin. And the more they buy, thereby creating demand, the more the bitcoin price will keep increasing, and that will mean they need to print more money to buy up more bitcoin.
To hold bitcoin comfortably, you need to control the market whenever you want. Based on what you propose, you need to hold at least 5 million to 10 million BTC. The worth of that bitcoin, based on the current price, is over $500 billion to over $1 trillion. So why would the government do that with an endgame to just control Bitcoin?

We all know what will happen to the market now if news broke that a government, like the US government, starts buying bitcoin and they intend to buy about 2 million BTC. Not only will investors start buying, but other countries will also want to start buying because they won't want the US alone to have the power to control the market. A demand of that nature may push the bitcoin price to over $500k per bitcoin, making it even more expensive for the government to buy. They will need to print more money.

even if a government prints unlimited fiat to buy Bitcoin, they can’t control it in the same way they control their own currency. with enough capital they could temporarily influence the market, drive prices up or even cause volatility through large-scale buying or selling but Bitcoin’s supply is fixed at 21 million and ownership is decentralized. Once they buy BTC, they’re just another participant in a global network where no one can change the rules, freeze accounts or reverse transactions.

And how many times do you think that you will play the game of sneezing on social media without people noticing that it is the trick you are using to buy bitcoin cheaply? You ain't buying those bitcoin in your name with those printed money, you will buy the bitcoin in the name of your country so it won't take long for people to notice that and you will lose your relevance, and your subsequent sneezes won't have anymore effects on bitcoin prices. At that point how do you intend to continue controlling bitcoin?

Even if you owned 99% of all Bitcoins in existence that would give you no control. This is not a POS shitcoin like ETH or Solana. They are at risk of such an attack. If you and your gang owns 51% of the coins of ETH or Solana you have complete control over the network. POW works differently.

These attack scenarios are not smart, they fail in the basics. If people knew that this was going to happen or they saw that it started happening they would rush to the market to buy as much Bitcoin as possible before the government buys more. This would cause the price go skyrocket further making it difficult for the government to acquire more. Actually this could be a good way to hyper-inflate and destroy your own fiat currency. It would be a very dangerous idea.

Owning Bitcoin does not give you any power over Bitcoin. People are confused on the basics. Having the ability to manipulate the market price is not the same as having power over Bitcoin. They are completely separate concepts.

Of course, Bitcoin, like all other commodities, was affected by these announcements. However, the biggest problem was experienced by altcoins and shitcoins. Therefore, we can't place much blame on Bitcoin. It's because it's rebounded from where it crashed, losing approximately five percent. When you look at other global markets, such as oil, natural gas, and silver, they've also experienced similar losses. There aren't many assets left that remain stable, other than gold, because gold thrives on chaos. I believe Bitcoin remains stable today. I still have confidence in it and will continue to do so in the future.

Until this happens, it's clear that the governments involved are unable to control their countries' economies. They shouldn't even try to touch Bitcoin until they fix the internal problems.

It would be more effective to suppress the printing of new money while simultaneously implementing policies that increase the value of their currencies. If necessary they can buy 1 bitcoin with the smallest denomination of their currency.

Furthermore, there's no point in trying to control Bitcoin by owning a large portion of the supply. This might only affect the value, but not individual ownership.

Which one do you see them using the most a s a tool to manipulate the market? Buying and selling of Bitcoin or some real world news event? I think it is the latter.

Trump has manipulated the market many times and it has never been about dumping of Bitcoin or fear of massive sell off, he always bad news to manipulate the market, news about upcoming war or more hardship on the economy that involves tax fee, and this will always have an impact on the market because of weak investors who react to every news.

If Bitcoin investors are all stone cold they won't react to any bad news from Trump but unfortunately there is no way to control the mind of every Bitcoin holders at once, everyone will always react differently.

Too much of printing fiat is what has made fiat to lose the value to what it is today. If you print fiat carelessly, the value of that currency will be decline drastically and other country currency will appreciate over yours. Bitcoin gains value while your country economy be affected badly.

You are not Donald Trump that has the key on how to manipulate the market for him and his family members with friends to make money from the market.

You are confusing control with manipulation. If you can buy a large portion of the supply and abuse that advantage for your own gain. That means you are just manipulating the market, not controlling it. Because after all, even if you hold a majority of the bitcoin supply, you can't shut down its network, or access, freeze, or confiscate bitcoins from other non custodial wallets. How can you say you control bitcoin?

Governments can manipulate the price of bitcoin at will but they cannot control the bitcoin network.

The government will be shooting themselves in the foot if they try to print more fiat inorder to buy bitcoins massively. They think they are wise for doing so, but such act is far from wisdom. Printing more fiat will devalue the fiat; it will lead to inflation because there is more money in circulation now. The irony of the whole matter is that while fiat devalues, bitcoin price will skyrocket because of the massive buy and scarcity. Which right thinking government will want to devalue its currency just to have a "false control" over a decentralized currency they have no actual control over?

I will believe that the government can actually control Bitcoin if they can print more bitcoins. But if they don't have the powers to print more bitcoins, where then is the control? Ponder over this @op

Yes you are thinking like a person who is high haha sorry but bro you can't just print money out of your printer, you have to be a powerful seat and you can't just buy bitcoin with that amount directly. There are regulatory frameworks to keep things under control.

If you have the power, you start printing money. You must have enough funds to back that up, or enough inflation, you can start buying bitcoin if it went unnoticed but once it is noticed, you will be hanged too haha, as you will be doing corruption.

You don't understand how currency works do you? There is no government that just go ahead to print money because if they do it will just crash their currency to become worthless.
Some countries has actually gone that route to tackle economical problem but the currency went so bad that people started to dump their local currency on the street and in dump site.
If this is your imagination of how you can control Bitcoin I am sorry you need to go school yourself more on how the financial sector works.

Bitcoin is only controlled by demand and supply and not by the government and its agents. The network is open source, which mean no individual controls the server, but it is publicly accessible by all.

You missed the value of the fiat part, if a government just prints unlimited money then the value of the fiat will become zero and we have evidence for this with Venezuela and that is what is stopping them to buy every bitcoin and if they were to do that then they would probably did that already which means they can't which is why we need bitcoin.

That is never going to happen.

That is literally what they do all the time and have been doing since we left the gold standard. Every single fiat currency has lost a lot of value, close to 99% of the value before the gold standard. Just because some have lost a little bit less and are trading well against other currencies like the dollar that does not mean that its value didn't collapse.

Bitcoin is not controlled by anything or anyone. The market price is determined by demand and supply, that is something else and not control.

The reason for a decrease in value of Fiat currencies is because of the high volume of printed money, if the government still decides to print more money to buy Bitcoin, they are only doing more harm to Fiat than good, this will contribute to inflation hikes. Perhaps, that's not even a way to control Bitcoin, they are already using centralized exchange to enforce KYC on Bitcoiners so that the identity of users can be known and they can phish out a Bitcoin users if they want to, that's why some experienced Bitcoiners are warning new users against submitting of personal information on KYCs demand by exchange because it can be used against Bitcoiners later by the government. Never the less, they can try but they will not be able to have a complete control on Bitcoin because Bitcoin is decentralized, they don't even know the developer of Bitcoin.

Do you really think they don’t know this? I think they do and yet, it’s not a plan that they dare venture into and you would ask why…?

Now, printing more money to buy Bitcoin with it so you could be ahead of all the hodlings and the reserves, sounds like an idea but, when you print these fiat money and buy Bitcoin with it, where does the fiat money goes?

It goes right into your economy, into buying every other values you have to offer, name it, stocks, real estates, several assets and commodities… you just end up creating an even more bigger problem that would take the nation several generations to get back from.

Let’s leave Bitcoin aside, several nations are in debt to the world bank, why don’t they just print money and have it settled? Why don’t they just print money and use it for whatever government project that might be rather than resort to borrowing from the world bank?

Same principle does apply when it’s got to do with Bitcoin. No nation would dare and even then, you need Bitcoin to be in demand and circulation for it to be truly valued.

There are two stages to your proposed attack:
- Print more money
- Use new money to buy bitcoin.

The first stage of your plan will cause inflation. The price of everything will go up as you print more money. I don't mean the price of bitcoin, I mean the price of EVERYTHING will go up. That's inflation.

So the first stage of your attack by itself is pumping my bags. Making my bitcoin go up in fiat price.

Second stage of your attack further pumps my bags. If you buy up a ton of bitcoin, you will cause the already pumped price to pump even more.

If you increase the demand by actually being the demand, that causes the price to go up. Which makes bitcoin even more attractive to everyone else.

Essencially, your proposed attack is actually promoting bitcoin, not attacking it.

Take off your fiat thinking cap. You can't print money to solve any problems. You just make everything worst.

Government can print more money yes but can they control bitcoin with that? no because the high fiat is in circulation the low it becomes in value and the mere fact that bitcoin appreciates in time makes it more harder to gather all the bitcoin. Only a few would sell to the government and most would not sell them it becomes harder to have all the bitcoin assembled together for them to control.

I think you should think within possibly outcome and not to go beyond what can happen, being gullible is not only how think but how small and negative your thoughts are.

I also agree with you on this because Bitcoin is controlled only by demand and supply and not by the government or any group. One of the reasons for the decrease in the value of fiat currency is the increase in the amount of printed money. If more money is printed to buy Bitcoin, inflation will increase. At that time, the price of Bitcoin will also increase. Sellers are needed to buy Bitcoin. When large orders are placed, the price will increase rapidly because there is a small amount listed on the exchange. So if any country does such a thing, their economy can be seriously affected. So in reality, it is not possible to control the entire market by buying liquidity, price impact, inflation risk and so on.

No offense but if you think the government can buy bitcoin this way it shows you have no basic understanding of how economics and finance work.

It is no coincidence that Zimbabwe or Venezuela have four-digit inflation and their currencies are almost worthless. Or maybe you remember the German economy suffered from stagflation after World War II and their inflation rate was as high as 50% per month. All of this is because the government has been printing money uncontrollably.


So if the government prints money to buy bitcoin, this will only cause the price of bitcoin to skyrocket.

I get what you are saying and printing money to finish evil plans is not a rare occurrence.

However.  The United States would be stupid to print money to the point of hyper inflation with the sole purpose of purchasing most of the Bitcoin supply.  Not only is it stupid because the Fiat value would immediately collapse.  But it is also stupid because they will have to purchase Bitcoin that is more and more expensive because many of us are not willing to sell at prices we consider too low.

Rather, they would manipulate the markets to their liking and to their advantage.  If they can place enough buy orders at a low price and then crash the markets with shocking news just like I presume they did this wekeend, they are already in a great advantage and instantly on a profit.  The more they can repeat this, the more Bitcoin they can get a hold on with no hyper inflation necessary.

Just think about this…A lot of rich countries, but they never do that. Why? They understand the impossibility of manipulating the market and gaining control over it. They can print paper money, but does everyone in the government agree with it? No, because there is a limitation. They can only buy Bitcoin that is available and for sale.

There is nothing to overthink because the system has been working already. Buying more doesn't mean anything aside from having a huge profit in the future. Or, you have a lot of Bitcoin to spend. 

You can print fiat, so don't overstep your bounds because the value of this digital asset can also decrease. Just as Bitcoin is important because it is buying through fiat you need to give more importance to your physical assets. Increasing your income range and creating alternative sources of income along with increasing physical assets through discretionary income, increasing your Bitcoin accumulation will provide you with financial security in the future.

Since governments can print money as they need it, they also print more money due to excess demand, which increases inflation. Power up your own printer (income) and accumulation Bitcoin compared to fiat savings. It's a digital and decentralised asset that is mostly free from inflation.

Instead of controlling Bitcoin, it's being called as a market manipulation. It's true fiat being used to value and manipulate the price of Bitcoin, but it can't be used to control it.

If you meant about controlling it, it should be in term of network, which is impossible since it's decentralized. You need trillions to do 51% attack to the Bitcoin network to make it happen. That's why i guess you were misunderstanding about the difference between market manipulation and controlling Bitcoin.

If the government start printing unlimited money in order to buy all the BTC two things will happen:
1.Hyperinflation.
2.The Bitcoin price will hit a gazillion dollars. ;D
Hyperinflation would cause mass riots and protests, which would lead to the government collapsing.
The whole idea of the government buying as much BTC as possible would become pointless, since the BTC price will keep increasing.
You are talking about control over the Bitcoin price. Real control is when someone decides which transaction on the blockchain should be accepted, and which should be blocked.
The US government and the Federal Reserve can influence every financial market around the world, not just the crypto market. This is sad, but true.

It is easy to imagine what you say but it is hard to do. The more they print, the more they can lose value. How much money will you use to buy Bitcoin? With the increasing price of Bitcoin, that will be a lottttttt of money. Not many countries are willing to buy many Bitcoins because they need to use fiat to develop their country.

You should not think like that but only think simply. You buy Bitcoin with allocated money and accumulate more Bitcoin. You pass your day while you wait for the Bitcoin price to increase and sell it if you think you will make a profit.

Yea. The most the government can do is to create fear and panic through manipulations. By manipulations, ofcourse we all know that it is all about price movements and this cannot in any be synonymous with control.

Bitcoin was designed to operate outside of government's control and that really is how it is. Bitcoin is capped at 21milion, the government can never reduce or add to that 21m supply. Whether they buy half of the total supply or even more, it doesn't make them any different from every other investors. We all control our private keys and can be our own bank devoid of third parties.  Maybe except those who rely heavily on exchanges; the government can control them through the exchanges.

Exactly. We've seen this play out in the real world many times. There are plenty of examples where a national currency collapsed, and the price of Bitcoin skyrocketed in local terms.

I remember the 'Africa premium,' where BTC was trading for nearly double the global market price in some countries during a currency crisis. It's ironic how many of those governments just devalued their currency, when they could have used it to buy Bitcoin instead.

Is this what you call controlling bitcoin? :)

They can buy but when it comes to selling can they control other buyers? Of course in this case everything goes back to the way it was before where when someone buys someone else sells and the government cannot control this because ultimately the situation remains the same.

They can buy a lot of Bitcoin, that's true but whether they buy a lot or a little it won't have any longterm impact.
In the short term it might have a slight effect but what happens in the long term? Bitcoin remains Bitcoin and no one can control it not even the ruling government because they can only take effective action in the short term not the long term.

 You don’t understand what Bitcoin is.Bitcoin was created to be money and fulfills the functions of money as a means of storing value, a medium of exchange, and a unit of account.It is a completely independent monetary system, separate from central bankers and fiat currencies. Bitcoin does not depend on fiat currency prices it operates entirely independently.Printing fiat currencies always eventually leads to high inflation and ultimately hyperinflation, in which the fiat currency is destroyed. Even the largest fiat currencies, like the dollar or the Swiss franc, will eventually experience a hyperinflationary collapse.What do you think people will use then to exchange, measure, and preserve value? Do you think they will go back to gold, or will they start using Bitcoin?

This is the hardest part of fighting the impossible because talking about thoughts we often forget how to overcome them. In fact, I was hesitant to buy bitcoin when it went down and then bitcoin went up again so I lost the momentum to make short-term profits.

It's not as easy as you imagine because even though you can print as much money as possible, you also need to think about the impact of inflation, exchange rates and economic slowdown which can cause problems so this is not the only solution that can be done even if the government has access to do it. The world economy is not seen as as simple as we think because it is directly related to the growth scheme in terms of a country's finances.

You can be in control, but not completely able to make policies as you wish because every government has rules that must be followed regarding money and so on. Especially when talking about individuals who may be quite limited regarding the financial resources they have, so the ability to balance this issue is needed better.

Market is for everyone, true to that. But you can't control the minds of the people and the smart money flow, market is still there and BTC cap is so big nobody would be able to shake it to the right or left if he wants to, ever so slightly even.

Well, money printed out of thin air is valueless. Once it goes into circulation, It will contribute to inflation in the USA and possibly the world, and this also weakens the value of dollar, Bitcoin price could increase based on this (weakened dollar) rather than the factor of increasing demand for it. And the price increase could happen in days, weeks or even months later.
When it comes to fiat money increasing the demand for Bitcoin and consequently increasing the price, it's something that could happen in the old, by creating a weak bubble and the bubble bursting later, because the demand is based on weak fundamentals. But now Bitcoin has become entirely resistant to such manipulation or bubble, and it will simply look like nothing happened to the price.
What move the price up today is strong fundamentals based on sound money(hard/clean money), Bitcoin principles, etc
 

If you want to control bitcoin, you need to control its network, not a majority of its supply. Owning a majority of bitcoins does not give you any influence on the bitcoin network protocol, you also need community consensus if you want to modify or change it. It is a mistake to think that simply holding a majority of bitcoins gives you control over bitcoins.

Also, as some have pointed out, the government wouldn't be so foolish as to print money just to own a majority of bitcoin. Printing money only makes bitcoin more expensive because fiat money loses value if printed without tight controls.

Yep. If they think of such a thing, they would do it gradually, bit by bit, until there is no risk to them swipe the rug in the favor, just like they always do.

You need to know that bitcoin price increases not only because demand is greater than supply but also because fiat currency loses value. The faster fiat currencies lose value, the faster bitcoin prices rise. Meanwhile, indiscriminate money printing is one of the main causes of inflation as well as currency devaluation.

Therefore, if the government prints money to buy bitcoins, this will only cause the value of bitcoins to skyrocket and their economy will collapse due to the severe devaluation of the local currency.

Bitcoin and money exist for very different reasons. Ability to print money is only for managing it in time of crisis, it's not sustainable to keep doing it.

If we want to compare them, as how beneficial they are to economy, then i would say fiat money is, because it has stable enough value to contribute to economy. It doesn't make sense to use an asset that's highly fluctuating in price and one that has high expectations of price growth, when it comes to daily economy. And we need an asset that makes sense to use for daily commerce.

Why would you spend in payment something if you think that it might be worth double in next year? Or receive that payment something you believe can crash -50% in a week.

That's why from purely economical viewpoint, fiat money is "better". It's not better as investment though, because it's not supposed to be investment.

I think you have a shallow understanding about how bitcoins work which is different from the way fiats work as well. Yes, the government can print money excessively but yet they still have limitations to the quantity they can print within a specific period of time in order to avoid over circulation of the currency which can lead to inflation.

I know that you can buy as many bitcoins that you want to buy with your fiat currency but that doesn't mean that you can buy excessively and the amount of bitcoin you are buying is just within the amount supplied and since there are traders in the market, as you are buying bitcoin that is how someone else is willing to sell his own bitcoin. However, bitcoin is not in excess, it has a fixed limited supply of 21 million bitcoins so every buy you make falls within the amount in circulation.

This is the reason why bitcoin has a halving event that decreases the block rewards by 50% and also controls the quantity of bitcoins supplied every 4 years so that it doesn't cause inflation as a result of excessive supply. If the supply was to be higher than the demand then the value of bitcoin would have decreased but since the demand is higher that is why the price is also high.

If I understand you correctly, you're saying this because President Trump threatens to impose an additional 100% tariff on China, which caused the recent market liquidation.
Which is something different entirely from controlling Bitcoin, because that's manipulation of market price, not controlling BTC, and the last time I checked, BTC is not the only market affected by the President's tariff threat.

That's not a problem if you look at the bright side, cause it opens the doors to buy more at a low price before the Uptober end.

Since Bitcoin is a highly volatile cryptocurrency, many people do not trust it, which is why they invest only a small part of their investment in Bitcoin. Moreover, the total supply of Bitcoin will be 21 million. It is not possible for a government to buy all the Bitcoins. Because if those who are already holding Bitcoin do not sell their Bitcoins, then even if that government tries, they will not be able to buy all the Bitcoins on their behalf. It is true that if someone can hold a large part of Bitcoin, then he can take some control, such as if he wants to sell more and reduce the price, but at present, the price of Bitcoin has risen so much that no government will be able to buy a large amount of Bitcoin even if it wants. That is why it is not possible to control it.

In fact Bitcoin is an asset that no one person or government can fully buy or control, because its supply is limited and many Bitcoins are in the hands of people who want to hold it for the long term. However volatility is a big issue it scares many investors. This is the bad situation that the market was in for some time a few days ago. Some see this volatility as an opportunity because price fluctuations create opportunities for profit. Especially those who wait for the dip.

It seems you tend to forget that printing more money without a corresponding increase in goods and services only leads to inflation, this said inflation devalues the currency. As the currency loses value, it actually becomes harder to buy Bitcoin, not easier. So, even if you keep printing till the end of life, you'd just be chasing an asset that keeps getting more expensive after converting from the currency being devaluated.

This is just greed, even if fiat is what it is you dont have to make it very poor in value. Normally fiat dont have the value Bitcoin has and can't be compared to bitcoin but you dont have to kill it more by printing more money because the more you print more money,  the economy becomes very bad and also causes inflation. If you have power to fixed fiat do it and it doesn't stop from buying as much Bitcoin thst you want. Fiat will still exist even if we still have bitcoin.  Printing more money will cause inflation and poor economy which people may even find it difficult to invest in Bitcoin.

I guess this discussion and your idea have to do with your own view of Bitcoin, which is totally centered around it being its own special type of currency that is globally used and heavily involved in millions of transactions in the crypto market in general. I guess you're are also forgetting that Bitcoin also exits as a network, and it is as important as the currency. We all can certainly agree that the Network, which is the Bitcoin itself, is not controllable by a central authority.

And as far as its existence as digital currency is concerned, it's still not controllable, but it's price can be influenced by a lot of things. Saying that it can be controlled means that a single entity or news can literally decide it's movement at anytime, but you will agree that it is not always so. We've seen cases where price doesn't react much to certain news/events. So, I can certainly agree that the price can be influenced, but control isn't just the right word.

The price volatility of bitcoin is like a double edge sword because it can go in both directions i.e. up and down. It's because of volatility, bitcoin price has gone up from zero USD to 125k in just 15 years. If someone don't want volatility in his investment then he can better go and invest his money in banks saving account that gives profit proportional to inflation.

Bitcoin has decentralised nature that prevents any single entity from taking control of it. That's also one prime reason why governments are against Bitcoin because of there inability to control it.  

Lol what kind of question was that. Do you know ther term Inflation? If money is circulating like that crazy , people ain't gonna buy it. Paper money would lose its value. Do you know why those paper shit has value? Even though government can print as much money as he can. It still has the value because of we people do belive in paper money. Paper money isn't backed by anything real valued. This economy is totally scam economy.

What percentage of Bitcoin do you think is available for sell? Is there anywhere such data is available? But do you think that if government buys whatever is available in the market that they will not control Bitcoin? I know the post is funny in a way, but the OP is simply thinking outside the box knowing that the US have the monopoly of printing the dollar as much as they want, nobody is checkmating them.

It doesn't matter how much the government prints, assets like Bitcoin and gold are still going to be more valuable than their fiat. I understand your concern about government buying a large amount of Bitcoin with all their new!y printed money, but they can't control it in any way.

Bitcoin will still remain Bitcoin and decentralized.They might be able to manipulate the price like that always do, but They can't control the coins on your wallet which your stored with your own seed phrase.

So, you can estimate how much is currently available by adding the total bitcoin on exchanges. There are charts showing this. According to cryptoquant.com the reserve is around 2.4m BTC and has been steadily falling for years. It used to be at 2.8m earlier this year.

Of course this doesn't tell us how much there is for sale because if a large buyer comes with an offer 20% above the market price, the market is going to let him grab some BTC and then adjust to the premium, but what if he also increases his offer? Eventually people are going to start coming with their reserves and selling to him at $200k per btc then 220k then 250k and so on, but there's going to be a limit of what he can spend. If the premium goes to 1m per coin, is the government going to continue its print? I very much doubt that.

If a government prints unlimited money to buy Bitcoin, the extra money printed will cause inflation, which will increase the price of goods and services, and the economy of that country may collapse. Also, a country's government cannot print money as it pleases. If they print extra money to buy Bitcoin, the value of their own money will decrease and Bitcoin will become even more expensive. Bitcoin has a limited supply of twenty-one million and no one can increase or decrease it. And no one can control its rules, supply, or block chain.

You can never control Bitcoin by printing paper money, because if you buy Bitcoin with paper money, you will have to create a lot of paper notes and buy Bitcoin with them. The more paper notes you create, the more the value of money will decrease and even if you want to, you will not be able to maintain the value of your fiat currency. Then you will face more danger, because the demand for Bitcoin is increasing day by day because large holders are holding Bitcoin.

So you will never be able to control other countries including Bitcoin by competing with other countries or other countries' money and creating paper notes. Because governments of different countries, treasury companies and whale holders are involved in Bitcoin.
So your money machine keeps churning out paper notes, you won't be able to keep up with or control Bitcoin.

Basically, we know that the more money the government prints, the more the value of the currency will decrease, and inflation will occur. Even if the government prints excess money, it will become worthless for its country, if the price of the currency decreases, it has no value. Moreover, we know that Bitcoin is a limited supply where no one can increase it at will, so its price is unlikely to decrease. The more money the government prints, the more money they buy Bitcoin, the price of Bitcoin will increase, it will not decrease because there is a limited supply of Bitcoin. I think your thought is logical, but it is basically not possible in the real world, rather, the government of any country would not want to destroy their economy, in which case Bitcoin will continue to operate as it has in the past, as it is currently operating, and as it will continue to operate in the future.

It's not the same as sitting in a chair with work equipment on your desk, like a computer and printer, and a fast internet connection that allows you to operate without interruption.
You can do whatever you want there, in a room that allows your imagination to run wild, but as a government, there are regulations regarding printing money; you can't just print it.
The impact of exceeding the specified limits on printed money could result in a decrease in value or inflation.

A logical thing to do after your vacation is to check your balance and buy as much Bitcoin as you can afford.

There are regulations governing money printing, so they can't do everything. The effects of printing more money can even worsen a country's economic performance. For example, a country has debt. If printing more money could solve the problem, then every country would have done it long ago, but so far, no one has. Without printing more money, a country can still buy Bitcoin in agreed-upon portions, and it depends on the country's approach to purchasing Bitcoin.

The availability of Bitcoin is fixed because its quantity is limited, as it was created. That's why this asset continues to be the best, though not the only reason. Many strategies can be implemented by governments because they have access to funds, but the question is, are they willing to buy? If not, they'll be like some countries that may not yet accept Bitcoin.

Well said, Printing more money might look like an ab easy way, but in reality, it only weakens the economy by reducing the value of the currency. If solving debt was as easy as printing cash, no country would be struggling today. I also agree with you about Bitcoin its fixed supply is what makes it stand out.The real question, as you said, is whether governments are willing to adapt and invest in it. Some are still hesitant, but with time, many might realize the real benefits and change their mind.

Unfortunately, while printing FIAT doesn't require a large amount of capital and is very easy, printing it can't be done haphazardly. There must be agreement among financial officials regarding regulations for state finances. Printing money requires clear agreement and objectives, as it will impact the country and devalue its own currency when its currency supply explodes. Printing money isn't as simple as you might think, friend.

And will the bitcoins on the market be available? This is also a big question when buying bitcoin. Which market can offer large amounts of bitcoin at the same price? There's bound to be a waiting line for buyers. Okay, let's say the OTC market is like whales making transactions. The question is, will they sell? This is certainly not easy.

I can't fully agree with your opinion about bitcoin is uncontrollable since government have many regulation about cryptocurrency and most of top countries hold many bitcoin so far such as United Stated recently hold 198.012 BTC. But top government have bigger influence to make bitcoin dump and pump drastically after their economic decision make bitcoin difficult defend at higher price or going drop to lower price.
I remember well how much liquidation last week after Donald Trump announcing with China import product traffic and become bigger amount of liquidation in history.

However bigger influence of government regulation make bitcoin uncontrollable but bitcoin keep stronger after facing many bad news will return back to higher price although need time. Don't be afraid about how many time the government giving bad impact for bitcoin after their decision but at the least bitcoin will return to higher price and raise up more higher than latest drop price.

The idea of governments printing unlimited money to buy Bitcoin sounds powerful at first but it breaks down when you think about how economies and currencies actually work when a government prints more money without real value backing it that currency loses purchasing power fast inflation rises and confidence in that money drops sharply so even if the government starts buying Bitcoin with it the value of the fiat it’s printing keeps falling meaning it will need to print even more just to buy the same amount of Bitcoin and that spiral would destroy its own economy before gaining control over anything.

Bitcoin is designed to resist this kind of control its supply is fixed at 21 million and it doesn’t bend to manipulation by any central authority printing more money doesn’t create new Bitcoin it only makes the printed currency weaker so the more a government tries to buy Bitcoin through inflation the higher Bitcoin’s price climbs because supply stays the same while demand rises. Also if a government tries to hoard Bitcoin it would only make the market more decentralized people around the world would see it as proof of Bitcoin’s strength not weakness they would start buying more which drives the price even higher governments can own large amounts but they can’t change its code its supply or the way transactions work that’s the core of what makes Bitcoin unique and independent.

Yes, Bitcoin can be purchased manually with paper money, but the amount of paper money that will be spent to buy it seems like a lot of money will have to be printed. Even if money is not printed, a lot of money will be spent on one side. Bitcoin can never be controlled by doing these things. Uncontrolled Bitcoin will continue like this. Thinking about buying Bitcoin with paper money will only increase inflation.

Bitcoin can not be control that is why he have much value and people are given truest on it and buying to invest for the long term. If you think if you print paper money thinking you will get all the bitcoin. he can not be possible because they have policy they have the actual amount of money they print every year in county because if you think they didn't put that rules you won't see anything to buy again because everyone will be holding money and won't work anymore. And he will definitely reduce the value of money and that is why they have limit of creating.

Bitcoin is high value but you can still invest at the lower price because not everyone have the capacity to buy one bitcoin and think he will invest for the long term. So we should not be waiting our time on bitcoin control we should invest what we can afford to lose because you can't predict or control bitcoin just invest what you can lose and set your target and anytime the price increases you will surely get your profits.

Every effort the government tends to use to control Bitcoin often backfires. Most governments are already realising this, that is why we see that they are now becoming more bitcoin friendly. What is the hate for when it has brought no benefits, instead it keeps strengthening Bitcoin?

They understand that it is not wise fighting Bitcoin using fiat.  The fiat is the one that gets weaker and not bitcoin. OP is still very new to Bitcoin and does not understand economics. If he does, he should understand the dangers of printing money excessively.

I am sorry but this point of data does not tell us anything, you are wrong to bring this up. Unless there is a very significant change in the numbers then it is meaningless. When there is more market activity and when the price is pumping with more intensity the supply on exchanges tends to increase as more people bring supply to sell. If it fell to 1.5M or 1M or less then I could consider it a bit more meaningful.

The Bitcoin market is pretty liquid and I don't think this is going to change much. As the price continues to increase there will always be people who want to sell at the new prices.

Having Bitcoin does not give you any control over it. They can influence the market price of Bitcoin but this is because they are manipulating people. That is they are controlling people, they are not controlling Bitcoin! That is the irony of human understanding. You got this point entirely backwards, the humans are the ones that are the issue. Bitcoin is not controllable.

The price of Bitcoin is an illusion created by people that speculate the price of Bitcoin. If everyone has it in kind that Bitcoin is going to be worth a million dollars today, then it's going to be done in a matter of time, it's not about been purchase with lot of money, when it first came out, it was trading far less than what's it's trading today and the price it's going to trade tomorrow is going to be a very huge one too, that's how the price has always been since the beginning.

Bitcoin is by choice but fiat is force down on our throat because of government effect, they called it legal entity that must be used because they control, they make the laws how it's going to be used but Bitcoin doesn't have any law, it doesn't limit people that want to have it, it doest give power to some certain people but people who have the money to guy more of it tend to be the person people support, example is Micheal Saylor, the community respect him but you see the government, everyone doesn't like them.

And you think that printing money to buy Bitcoin is that easy, if they could do it like that, then they would have done it a long time ago, but in fact, it's not as easy as you think, that doing so would quickly devalue the currency and that would cause high inflation, and that would destroy their economy. on the other hand, when they buy more Bitcoin, it will encourage others to do the same, and more people might hold their Bitcoin and that will make the price of Bitcoin skyrocket, and that means the government needs more money to buy, and that will only worsen the situation. and in the end, the one who benefits here is Bitcoin, since then it will increase in value, while the government will suffer the consequences of their decision to print too much money.

Government is not one man business where one takes  decision at will by himself.before coming out with such decisions,it will be subjected to a alot of  legislative process for there approval.
When there are large volumes of fiat money in circulation,it has alot of negative impact on the countries economy.printing of money is not done at the president proclamation.but will have to undergo whole lot of process.