47 ms·
counterfeiting is a closer counterpart in my opinion as interest is capped by the amount of money you have while mining is only capped by time and porcessing po
by crimsonalucard 13y ago
counterfeiting is a closer counterpart in my opinion as interest is capped by the amount of money you have while mining is only capped by time and porcessing power. Anyway, all the money generated from the Fed, loans and interest is complicated to think about. I thought it was simpler to illustrate the whole thing with "printing money." Most people can perceive the bad part of counterfeiting and relate that to excessive mining, which is basically the point I was trying to convey.