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frphank · 33w
No, you need to have network effects and a mechanism to control supply so that the amount in circulation roughly matches the goods and services on offer. This is really hard so only governments curre...
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Twntyn @Twntyn
Bitcoin and network effect? - Check

Controlling Money Supply in Bitcoin? - Check

Control of supply in goods and Services in circulation and offer is NOT needed (wtf?!?!). —>Otherwise gold would not function at all.

So honest question: What is the Problem again?
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frphank · 33w
> Bitcoin and network effect? - Check A network for a currency would be a circular economy of buyers and sellers. There's no such thing. > Controlling Money Supply in Bitcoin? - Check Controlling doesn't mean limiting. It means the supply can be increased or decreased to match the goods and servi...