Sunday, April 1, 2018

Bitcoin Isn't Money And It Isn't Mining Either

Bitcoin "mining" isn't like mining in any other commodity where a reduction in "mining" reduces supply, helping support prices. The "mining" activity is integral to bitcoin having any value at all - making the cost of mining a crucial concern for all investors.

from Forbes Real Time https://www.forbes.com/sites/petertchir/2018/04/01/bitcoin-isnt-money-and-it-isnt-mining-either/
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