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As long as its price goes up, it will be more and more lucrative to mine (because rewards in Bitcoin terms will be larger).
by EGreg 5y ago
As long as its price goes up, it will be more and more lucrative to mine (because rewards in Bitcoin terms will be larger).
- HWR_14 5y agoThat's only answering the question of "will it technically implode". It has nothing to do with why you think bitcoin will continue to be a store of value like gold as opposed to suddenly stopping being a store of value like tulips.
- EGreg 5y agoIt is just about the price of bitcoin. Which is affected by several factors including adoption — as a store of value.