Post
Topic
Board Bitcoin Discussion
Re: <Read>The Mathematical Significance Of 1 Bitcoin In Relation To Time.
by
Chivas Regal
on 08/08/2023, 02:22:58 UTC
Here's a paradox for you to ponder, though: if Bitcoin's greatest virtue is its scarcity, then wouldn't it also reduce the currency's practical utility?

That's a good way of putting it - think of it in terms of Fort Knox where there is a substantial holding of America's gold reserves.  Any country has a stockpile of gold - Bank of England included which is heavily guarded.  In time quantum computers might become super weapons cracking private keys.