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The question that matters is: Does the existence of Bitcoin allow better coordination such that the global productivy raises 2%? And I would with no doubt ans
by diegocerdan 6y ago
The question that matters is:
Does the existence of Bitcoin allow better coordination such that the global productivy raises 2%?
And I would with no doubt answer: YES.
Central Banks are distorting the function of Money and bringing economies to their knees. A decentralized and digital form of Money would force the system to self-heal.
- ChrisLomont 6y agoCan you cite an econ paper with that 2% claim? Economists would most certainly not have missed such a massive productivity factor. I'm guessing it's not true, nor anywhere near true, for such a tiny asset.
- zoobab 6y agoIf Bitcoin can replace banks, who are using our money to invest in fossil fuels, why not. And it is mined once, when all the coins are mined, the mining stops.
- forty 6y agoHow are the transactions going to be verified then? :)