Re:Bitcoin Halving Just Occured
by AnimalMuppet on Monday May 11, 2020 @04:12PM
(#23146454)
"The universe's scarcest asset"? That would be unobtanium; there is no supply of it whatsoever. ;-)
But how do you measure "scarcest"? Hardest to develop new sources? Is the year-over-year increase in bitcoin smaller than in gold? (Year-over-year because that gives a measure of how hard it is to create/find more of the asset, which seems a decent measure of "scarce".)
But how do you measure "scarcest"? Hardest to develop new sources? Is the year-over-year increase in bitcoin smaller than in gold? (Year-over-year because that gives a measure of how hard it is to create/find more of the asset, which seems a decent measure of "scarce".)