Yes... But with bitcoin if all miners stop, then the coin is dead. I can't imagine mining would commence again if that happened to a coin for some significant amont of time. But who knows.
Post by twetch#12490
I get your point and agree that you identified a significant difference, but in practical terms I don't see it as a fatal flaw in the time-value comparison between gold and bitcoin in terms of Gilder's theory. Incentive dynamics are another similarity imho
What the chain says
- Block
- 623 211
- Time
- 2020-02-22T18:18:14Z
- Signer
- 17n1UjYJYSPFscU1rxZH2RX87vYx5BAi7z
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#12490
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
17n1UjYJYSPFscU1rxZH2RX87vYx5BAi7z Verified