Questions on: economics - страница 2

The value of bitcoin is created by demand and offer by the need of market. If you want deeper estimation let assume two hypothetical examples: Hypothesis 1: * All people in USA has equal savings and all savings are in BC. BC is used only in USA * Ave
Loans have intrest rates that "create additional value". Given the limited amount of bitcoins, couldn't we realistically run out of them? No, you wouldn't run out of Bitcoins for the simple fact that they will always be traded. Your interest payments
Tl;dr: Make a global system of recording title, issuing loans, securitizing loans, and enforcing loans all using the Ethereum blockchain; decentralize the credit markets to increase profits to holders of debt pool securities, increase recovery from d
Keep in mind that whenever an alternative chain enables merged mining it is centralizing a huge amount of trust in the bitcoin ("Nakamoto chain") mining pool operators. When people join a bitcoin mining pool, it's generally because they want bitcoins
Some possible reasons I read: Merchant adoption through payment processors While merchant adoption is growing, it is currently mostly through payment processors, hardly any merchants keep a significant portion of their bitcoin earnings. With the broa
Keep an eye on the Bitcoin price, even while browsing in other tabs. Simply keep this site open and see the live Bitcoin price in the browser tab. (Note: Some mobile browsers don’t yet support this feature
I'm going to answer your questions directly although I know you've selected another answer. It's for all those who come across this question. How do we know that the algorithm cannot be modified to gain control over the expansion of the monetary base
For bitcoin enthusiasts who are skeptical about inflation, fractional reserve banking poses a similar threat. As long as anyone except you are holding your bitcoins, there's no way to prove that your coins aren't being lent out at any possible reserv