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Indeed, money printing is a hidden tax on all currency holders. That's partly why Bitcoin is appealing to many people.
by olalonde 3y ago
Indeed, money printing is a hidden tax on all currency holders. That's partly why Bitcoin is appealing to many people.
- knorker 3y agoPrinting more bitcoin is a tax on everyone and their electricity costs, their environment, and the existence of free tier compute.
- olalonde 3y agoBitcoin mining in itself doesn't damage the environment. It's the electricity generation that sometime does, but that's not a problem unique to Bitcoin. Bitcoin works perfectly fine with clean energy.