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Yes, but dollar bill is running a successful show for the last 2 hundred years without any blackouts, while BitCoin need to START the show in the first place. I
by 31reasons 14y ago
Yes, but dollar bill is running a successful show for the last 2 hundred years without any blackouts, while BitCoin need to START the show in the first place. It needs to sort of start a sustainable chain reaction.
EDIT: But the bitcoin deflation has introduced so much resistance to this reaction. Each digital wallet is like an atom, there has to be some force to break the atom and keep the chain reaction going, but due to the deflation, each atom is requiring more and more energy to break (spend bitcoins).