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There's an infinite supply, but there's non-zero cost associated with accessing incremental units in that supply. (And some would say diamonds are an artificial
by tomkarlo 8y ago
There's an infinite supply, but there's non-zero cost associated with accessing incremental units in that supply. (And some would say diamonds are an artificially constrained market anyway.) With crypto, there's arguably an unlimited supply at zero cost.
- GalacticDomin8r 8y ago> With crypto, there's arguably an unlimited supply at zero cost. I like that one. Makes it seem like its a perpetual motion machine and we all know how that ends.
- mobilefriendly 8y agoThe mining cost is actually quite high for bitcoin, there's a friction involved that's being overcome.