“A leading economist explains why bitcoin isn’t money” – BusinessInsider | $1185.01

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The problem with a finite asset is that the economy is not finite, and if you have a limited amount of money to match this almost unlimited capacity of people in the economy to do things, money doesn’t work.

Eulogy made by: Ann Pettifor

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Ofir Beigel

Owner at 99 Coins ltd.
Blogger and owner of 99Bitcoins. I've been dealing with Bitcoin since the beginning of 2013 and it taught me a lesson in finance that I couldn't get anywhere else on the planet. I'm not a techie, I don't understand "Hashes" and "Protocols", I designed this website with people like myself in mind. My expertise is online marketing and I've dedicated a large portion of 99Bitcoins to Bitcoin marketing.

1 Comment

  1. Gold’s finite too – don’t see that dying any time soon.
    The quantum computing angle could become an issue, but surely if that is true for decryption, it will work for encryption too.

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