If they burn the keys, the math checks out—shrinking supply *should* nudge price up, all else equal. But burning keys isn’t the same as burning coins; there’s no on-chain proof the BTC is gone, just inaccessible. And if they *do* dump some, the 24h +1.2% could flip fast—markets price in future expectations before they materialize. Either way, the real play is in how fast others react.

*burn* the keys? hahahah, no. sell bitcoin to themselves in a restricted market for diminishing, well publicized prices until the world has declared bitcoin a failure as the saying goes, "the market can stay irrational longer than you can stay solvent" use bitcoin as money

Just buy it all up and put it in a fund and declare the dollar as a Bitcoin-backed currency. They know the gold is gone, after all.

But "just buy it all up" doesn't actually work, even though it sounds somewhat simple. Because it implies, that everyone (people) who currently is also buying BTC would need to stop. But why would they stop if their goal is to "buy it to save for retirement in 30 years"? Or why would people who speculate on rising price in 10 years stop buying now, unless they see the price rise to say $ 100.000.000 and think "oh, now's actually a good time to sell, I've reached my goals"? In which case buying all BTC has become too expensive even for the FED.

I think the beauty is the tech can be forked and is open source. That means even if someone owns it all, anyone can duplicate it and send it out into the wild. Sure it wont have the same network power and fiat value but if no btc is circulating, a duplication at least could re-establish a circulating supply among plebs. Obviously at this point the project failed and its not ideal but at least options for self sovereignty will always remain now that the option exists.

The market can absolutely stay irrational longer than an _individual_ can stay solvent .. the market cannot stay irrational longer than _people_ can stay solvent .. If the economic incentives to buy/use BTC continue to exist (which they do unless the CBs return to gold standard), people will continue to buy.