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You are right that we will pay miners more in the future, that sounds like an opportunity not a problem.
by easymovet 7y ago
You are right that we will pay miners more in the future, that sounds like an opportunity not a problem.
- arcticbull 7y agoYou’re not understanding. The miners have to take that much money out of circulation (exchange BTC block rewards to dollars) to pay for their electric bills, which means that much new money has to come in to make up for it for the price to remain stable. It’s negative sum. And as the price rises so does the negative coefficient.