Re:When Bitcoin miners take over a town (2018)
by JumpCrisscross on Sunday February 21, 2021 @03:04PM
(#26216604)
> Tell that to citizens of countries who have experienced hyperinflation and whose currencies became worthless almost overnight
At best, this argument turns Bitcoin into a massive subsidy by stable countries of unstable ones. A subsidy paid for in the form of higher energy prices, environmental damage and opportunity cost.
At best, this argument turns Bitcoin into a massive subsidy by stable countries of unstable ones. A subsidy paid for in the form of higher energy prices, environmental damage and opportunity cost.