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A comment on Cambridge Bitcoin Electricity Consumption Index. Parent comment
>This isn't true.
Basic economics and the law of supply and demand says that it is true.
>when demand increases and supply remains the same, the higher demand leads to a higher equilibrium price and vice versa.
https://www.investopedia.com/ask/answers/033115/how-does-law...
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>This isn't true.
Basic economics and the law of supply and demand says that it is true.
>when demand increases and supply remains the same, the higher demand leads to a higher equilibrium price and vice versa.
https://www.investopedia.com/ask/answers/033115/how-does-law...