Post
Topic
Board Bitcoin Discussion
Re: on what condition can people have fath for bitcoin just like for gold?
by
fengshu
on 21/03/2014, 08:22:50 UTC
I would argue that focusing on #1 and #2 tend to increase output, but the increase is mostly garbage output, not real and useful output.  Manipulating #1 and #2 cause us to exploit our natural resources at a faster rate but provides less real and useful output than if the economy was left to its own devices, also leaving less resources available for our children.  But this is a subject for another longer post….

this is very thinking.
high speed fait circulation bring problems, because commodities are at certain produce period, the period can not be shorten unlimited.
the same for bitcoin.