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Re:Texas paid Bitcoin miner Riot $31.7M to shut down in August by smellyshaft1 on Thursday September 07, 2023 @01:26PM (#37422425)
Definitely not.. for one Bitcoin has a fixed supply and Ethereum does not
Re:Texas paid Bitcoin miner Riot $31.7M to shut down in August by mrguyorama on Thursday September 07, 2023 @01:29PM (#37422473)
If you think that is a laudable feature you should probably take an actual economics course or two
Re:Texas paid Bitcoin miner Riot $31.7M to shut down in August by keep_reading on Thursday September 07, 2023 @04:32PM (#37425159)
You don't need an economics course when this book exists for free

https://mises.org/library/economics-one-lesson

Re:Texas paid Bitcoin miner Riot $31.7M to shut down in August by eniotna on Thursday September 07, 2023 @05:04PM (#37425569)
Any amount of money, as long as it is sufficiently divisible, is capable of facilitating trade within an economy. The idea that somehow money has to increase over time is one of the most non-sensical idea.

"Thus inflation becomes the most important psychological resource of any economic policy whose consequences have to be concealed; and so in this sense it can be called an instrument of unpopular, i.e. of anti-democratic, policy, since by misleading public opinion it makes possible the continued existence of a system of government that would have no hope of the consent of the people if the circumstances were clearly laid before them."