Re:MasterCard to open up network to cryptocurrencies
by imtringued on Thursday February 11, 2021 @06:12PM
(#26108773)
The velocity of a particular Bitcoin arrives at 0 given enough time. Bitcoin get lost. These Bitcoin cannot move and thus contribute to the deflation of Bitcoin. They effectively shrink the money supply.
[ Parent
| on HN ]
Re:MasterCard to open up network to cryptocurrencies
by arcticbull on Friday February 12, 2021 @01:54PM
(#26117092)
True, but that's a uniquely Bitcoin problem, and it's one of the many reasons Bitcoin is not fit for purpose.