Post
Topic
Board Economics
Re: Is Bitcoin good for the economy?
by
TIDOVEE
on 01/08/2020, 19:41:30 UTC
Bitcoins have three useful qualities in a currency, according to The Economist in January 2015: they are "hard to earn, limited in supply and easy to verify". Economists define money as a store of value, a medium of exchange and a unit of account, and agree that bitcoin has some way to go to meet all these criteria.

If Bitcoin is hard to earn ,then, is fiat easier? since you have been at home at lockdown you can make your Bitcoin even in your restroom without stepping out of your house, campaign, trading, can be done indoor. Only few people will keep receiving payment during this lockdown because most people will have to go to work to earn their wages or salary.none of this come without Working for it. As regards the limited in supply, well, mining has never stopped.