For example, do transaction fees get out of control if bitcoin is too expensive?
There can only ever be 21 million bitcoins but since they can be chopped up as tiny as you like, that number seems completely arbitrary?
Bitcoin isn't backed by a government and it has no inherent value so I wonder if it's doomed to have its price be a completely unhinged Ouija board forever. Or is there reason to think it will eventually settle at a point?
Submitted December 08, 2017 at 09:11AM by FilthyWishDragon http://ift.tt/2jacKHQ
