Post
Topic
Board Economics
Re: The economic function of Bitcoin
by
Willarrmay
on 16/11/2018, 07:02:40 UTC
The beauty of bicoin is that there is no central bank and no central authority. This is probably why satoshi walked away because he doesn't to take control of what is intended to be a decentralised economy
This is a good question and it has so many economic phenomenons revolving around it like the reduction of costs, the decline in the transaction costs and the up gradation of the existing banking system to the next level.