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trentonaustin (25)in bitcoin • 7 years ago
RE: Simple economics prove that Bitcoin will fail
Mining is not selling. Bitcoin is not apples. They have a market cap, and you cant just make new bit coin like apples. There is a limit, and then the money is in the pool and at end goal allows…
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trentonaustin (25)in bitcoin • 7 years ago
RE: Simple economics prove that Bitcoin will fail
Why are you dividing basically the moles of coins by the worlds electricity usage?? This equation has no validity. Imagine I have a bunch of car prices and divided their cost by their mpg. Then…
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trentonaustin (25)in bitcoin • 7 years ago
RE: Simple economics prove that Bitcoin will fail
This post needs to be taken down. Samupaha identifies a problem that he obviously didn't even grant the worth of typing into google before he spewed it over the internet. "The problem is that there…
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