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Saturday, March 31, 2018

Bitcoin Is Ideal for Countries Adopting a Passive Monetary Policy

Only 21 million bitcoins will ever be mined. Therefore, Bitcoin is illiquid. However, Satoshi Nakamoto, purportedly the creator of Bitcoin, intentionally established this lack of liquidity to make the cryptocurrency inflation-resistant and to incentivize Bitcoin miners. According to Professor Max Raskin, Bitcoin's ...

from Google Alert - Bitcoin https://ift.tt/2E9Bqop

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