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So as more people join the bitcoin community, and as computing power generally increases, the value of each bitcoin approaches zero? Doesn't sound like a huge
by DanielBMarkham 16y ago
So as more people join the bitcoin community, and as computing power generally increases, the value of each bitcoin approaches zero?
Doesn't sound like a huge benefit to taking time to generate a lot of bitcoins now, as there isn't a stable commodity to index it to.
Very interesting idea, nonetheless.
- StavrosK 16y agoNo, generation rate remains constant as computing power increases. You can only generate a few million total, then it stops.