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Funny, how is money put into circulation? A big portion is being paid directly from the government to their employees. They need houses, food etc, so they spend
by tiku 5y ago
Funny, how is money put into circulation? A big portion is being paid directly from the government to their employees. They need houses, food etc, so they spend it. That gets distributed to all the people from those companies and so on. Through taxes we return a bit to the government. So that they don't need to keep printing new money ALL the time.
And that is exactly the same for crypto, except there is no country/government behind but only a ledger. The money is being transferred for doing work, mining. And that is distributed again.