Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: DUMBGRUNT

The value of bitcoin is based on it having a permanent quantity limit, unlike the US dollar.


51 posted on 05/20/2021 5:38:31 PM PDT by devere
[ Post Reply | Private Reply | To 1 | View Replies ]


To: devere

—” The value of bitcoin is based on it having a permanent quantity limit, unlike the US dollar.”

How does that work with an unlimited number of Cryptocurrencies’?

Gresham’s law, “bad money drives out good”, will kill the lot of them off.

The Turkish bitcoin exchange worked out so well?


62 posted on 05/20/2021 6:00:01 PM PDT by DUMBGRUNT (("The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last message)
[ Post Reply | Private Reply | To 51 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson