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swampboots

04/16/21 9:47 AM

#86289 RE: michael t #86266

Yes flurry of crypto "anything" coins, token, digital images, even first sound originations.....but if ordered commerce structure around just Bitcoin, it can stabilize at 100K like gold sort of stabilizes in measured range..
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nelson1234

04/16/21 10:05 AM

#86290 RE: michael t #86266

Crypto, and maybe I misunderstand the Crypto's... as you say, there new Crypto's keep on coming.. 'an infinite supply'. But I think many believe most Crypto's will fail in the end, and perhaps end up with a dominant one or few. Each Crypto starts with a somewhat finite supply... although one can 'mine' some of them to add to supply but it is difficult and costly.

However, and I'm no expert at all so this may be wrong.... but it just seems logical that as technology develops in the future (more efficient computer hardware) it should become easier to 'mine' the currency. And if it becomes too ez, then the currency could become worthless. But maybe I misunderstand.

best.