Re:BadEconomics: Putting $400M of Bitcoin on your company ba...
by WrtCdEvrydy on Monday January 04, 2021 @12:39PM
(#25634929)
> whereas Bitcoin cannot be damaged in such a way because it is not based on any real economic activity
No, Bitcoin has economic activity from transactions on the Blockchain (peer-peer) and mining activity (system-miner). This activity cannot often by disrupted by another currency minting a lot of other currency.
No, Bitcoin has economic activity from transactions on the Blockchain (peer-peer) and mining activity (system-miner). This activity cannot often by disrupted by another currency minting a lot of other currency.