4 ms·
And historically the amount mined somewhat depended on the price so, as with fiat currency, there was at least some feedback mechanism on the price. Though if
by Symmetry 7y ago
And historically the amount mined somewhat depended on the price so, as with fiat currency, there was at least some feedback mechanism on the price. Though if you discover a new source it can be bad, see the price revolution[1].
[1]https://en.wikipedia.org/wiki/Price_revolution https://en.wikipedia.org/wiki/Price_revolution