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Not sure what are you laughing at. It's the nature of hard money, like bitcoin and gold. Their production cost is close to their market value, which means that
by Geee 4y ago
Not sure what are you laughing at. It's the nature of hard money, like bitcoin and gold. Their production cost is close to their market value, which means that you can acquire them only by mining or by trade, which both require work. No one can profit by creating them from thin air, like fiat money.
- monkey_monkey 4y agoLiterally all you have to do is invent a new coin. Also - to acquire Bitcoin: https://xkcd.com/538/ https://xkcd.com/538/
- Geee 4y agoGood luck trying to sell your coin to bitcoiners.
- monkey_monkey 4y agoIf you're trying to imply that no one who holds Bitcoin would sell to buy other coins, then I think your view of Bitcoiners may need to be recalibrated. https://www.reddit.com/r/terraluna/comments/rs8hfv/how_to_buy_luna_with_bitcoin_via_dex/ https://www.reddit.com/r/terraluna/comments/rs8hfv/how_to_bu...
- Geee 4y agoWhy do you think that creating a new coin and trying to sell it is the easiest way to get bitcoin? Most people think that it's not very easy, and buy bitcoin from an exchange.