clearmined on Nostr: Block Quote: 851044 'In this sense, it's more typical of a precious metal. Instead of ...
Block Quote: 851044
'In this sense, it's more typical of a precious metal. Instead of the supply changing to keep the value the same, the supply is predetermined and the value changes. As the number of users grows, the value per coin increases. It has the potential for a positive feedback loop; as users increase, the value goes up, which could attract more users to take advantage of the increasing value.' February 18, 2009 - Satoshi Nakamoto
Published at
2024-07-07 06:27:35Event JSON
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"content": "Block Quote: 851044\n\n'In this sense, it's more typical of a precious metal. Instead of the supply changing to keep the value the same, the supply is predetermined and the value changes. As the number of users grows, the value per coin increases. It has the potential for a positive feedback loop; as users increase, the value goes up, which could attract more users to take advantage of the increasing value.' February 18, 2009 - Satoshi Nakamoto",
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