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coinycoiny (OP)
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January 16, 2018, 12:48:54 PM
 #1

https://www.theguardian.com/technology/2018/jan/15/should-i-invest-bitcoin-dont-mr-money-moustache

I'm sure most of the people on here will rubbish this article but hey ho.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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January 16, 2018, 12:59:11 PM
 #2
Articles generally go in the Press subforum, but someone may have already beaten you to it.   Wink

I can't help but find it dubious when the author says they've "been watching this bitcoin situation for a few years".  Otherwise they'd know they're just repeating the same old dross everyone else has been saying over and over again for the last few years.  Plus he can't have been watching that closely if he still can't appreciate the difference between a centralised blockchain and a distributed one.
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CroDam
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January 16, 2018, 12:59:56 PM
 #3
Thank you for article.  Cool
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