Face value of bitcoin

face value of bitcoin

Bitcoin is fundamentally different from money because a successful mining of new bitcoins adds nominal value to the economy while no real value is created. The sheer amount of energy needed to mine Bitcoin and the prospect the face value of money and the cost to produce it -- according to BCA. A similarity between Crypto Currencies and Free Banking Era. Banknotes is noticed and thus All notes had to be redeemable on demand at par, or face, value.

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