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> Keeping it low until any form of competition shows up? Exactly. This is similar to how price dumping works: https://en.wikipedia.org/wiki/Dumping_(pricing_po
by VMG 9y ago
> Keeping it low until any form of competition shows up?
Exactly. This is similar to how price dumping works: https://en.wikipedia.org/wiki/Dumping_(pricing_policy) https://en.wikipedia.org/wiki/Dumping_(pricing_policy)
- ZenoArrow 9y agoYou're not listening. I'm suggesting it'll never work for Bitcoin as the available competition is ever present. A cartel gains nothing by mining at a slower rate.