Post
Topic
Board Economics
Re: Bitcoin adoption slowing; Coinbase + Bitpay is enough to make Bitcoin a fiat
by
AnonyMint
on 07/04/2014, 14:03:01 UTC
rdnkjdi, if the demand for botnets drives the price of renting or purchasing them to the same cost as renting or purchasing the hardware else where, then no one is getting coins at lower cost than anyone else. Is that point clear?

The botnet owner gets a higher price for his botnets but that has no impact on the cpu coin's economy. I am happy if botnet owners make a lot of money, that is the only way people are going to learn to protect their computers and at least the hardware isn't sitting idle. The botnet owners are providing a useful service.

I just have a way of seeing paradigm shifts that others don't.

For me most things other people think are immoral, are just economics.