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> Bitcoin is far from unique in this. When gas prices fall people have been shown to drive more. This is human behavior responding to incentives. Yes, more ene
by paulgb 6y ago
> Bitcoin is far from unique in this. When gas prices fall people have been shown to drive more.
This is human behavior responding to incentives. Yes, more energy is burned, but more people get places.
What I’m talking about is like if a car responded to the price of gas decreasing by 50% by revving in neutral until the total cost per mile was the same.