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I wonder how government is going to pay for all that equipment if at that point Bitcoin will start proving more and more useful than government-issued paper.
by oleganza 14y ago
I wonder how government is going to pay for all that equipment if at that point Bitcoin will start proving more and more useful than government-issued paper.
- hnolable 14y agoObviously at some point it would be cost prohibitive for any one government. But we are far far from that point. The price would probably have to go up by many orders of magnitude.
- Karunamon 14y agoDoesn't the bitcoin network self-regulate to increase the difficulty of mining coins as the speed of coin generation increases?