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You can burn fiat cash, and fire gold bars into space. What are the consequences of those actions? Other coins are presumably worth more because there are now f
by alexwright 13y ago
You can burn fiat cash, and fire gold bars into space. What are the consequences of those actions? Other coins are presumably worth more because there are now fewer of them.
- JoeAltmaier 13y agoI would think in a 'tulip bulb' bubble supply is not entirely the important variable. Growing demand would be the driving force behind valuation. Losing a few coins would matter not at all. Maybe even a lot of coins.
- jawr 13y agoSure, you can just print more cash. With gold bars the gold would become (I assume) more valuable. But at what point does it seesaw and there isn't enough of it to be of any value? I guess with BTC there are satoshi's.