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"It's the denominator, stupid" (Groking Bitcoin's inexorable rise)

3 点作者 StuntPope5 个月前

1 comment

copn5 个月前
Another bitcoin maximalist who thinks he&#x27;s discovered some amazing new invention that will make him rich and change the world.<p>Yes it will change the world:<p>- thousands of people losing all their money every time it crashes every few months.<p>- it will use up the energy that we need to live our day-to-day lives - in fact it uses as much energy as a country. Everyone knows that using energy is something we should avoid as much as possible, especially for things with no intrinsic value.<p>- governments and banks will no longer be able to regulate the currency supply in order to meet our carefully planned goals<p>As for the fixed 21M denominator, even student economists know that you have to be able to increase the money supply or else there&#x27;s not enough money to go round as prices go up. These people really need to speak to a registered and accredited financial adviser urgently - I worry for them.