Quote:
Originally Posted by dino7c
How is this a negative? Bitcoin being limited is the whole point
Meanwhile governments around the world are printing money to hand out
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I'd guess the negative is that it is more expensive and less efficient to mine, which means mining gets consolidated into fewer and fewer large operations. Does this not increase the possibility of the 50% attack? Nevermind the increasing power consumption, which is the biggest waste of resources in human history.
Beyond increasing scarcity, how does its increase the value? Just because something is scarce, doesn't mean it has value.