Post
Topic
Board Economics
Re: demurrage instead of fees
by
BitterTea
on 24/02/2011, 22:48:04 UTC
if the profit is the same, as you imply, then people will try to get in on the game - competition - which forces prices down.
Until costs exceed returns, then some people will get out of the game, difficulty goes back down, and it's once again more profitable. Are we talking past each other?