Comment on Why Bitcoin is a significant breakthrough, but perhaps not as a currencyparentComments−zmanian12yDemand is closely tied to the velocity of money. When the transaction rate on the blockchain is high, coins should be hard to generate. When transaction rate is low, coins should be easier to mine.−hippich12yMay be opposite?
Comments
Demand is closely tied to the velocity of money. When the transaction rate on the blockchain is high, coins should be hard to generate. When transaction rate is low, coins should be easier to mine.
May be opposite?