inelastic supply of bitcoin Claim 6: There is an inelastic supply of bitcoin The bitcoin supply currently grows by 12.5 bitcoins every ten minutes The bitcoin supply is not set, neither today nor in the long run. In fact, it currently grows by exactly 12.5 bitcoins, or c. USD 125,000,Read More →
Traditional payment services obsolete Claim 5: The bitcoin system will make traditional payment services obsolete The bitcoin community proudly points out that bitcoin transactions take only ten minutes, compared to traditional bank transfers. Bitcoin transactions may be an interesting alternative, particularly for transfers to developing countries, which may take severalRead More →
Community is hostile to banks Claim 4: The bitcoin community is hostile to banks The bitcoin community is doubtlessly critical of banks. It is not a coincidence that bitcoin was created during the global financial crisis, in 2009. Satoshi Nakamoto, the anonymous creator of bitcoin, included the message “The TimesRead More →
air is much cleaner today Admittedly, this proposal is unlikely to resolve the problem overnight. But such a compromise would not really be surprising, in many areas, including German politics. One factor corroborating this view is that the air is much cleaner today than it was 10 or 20 yearsRead More →
inner-city driving bans Solution over time The likelihood of inner-city driving bans for certain diesel cars had already increased prior to the Leipzig ruling. A patchwork of different local regulations is hardly desirable – for persons, at least, who have no fundamental misgiving about cars. What if the problem wereRead More →
bitcoinobituaries Claim 3b: Bitcoin will be dead soon Please visit https://99bitcoins.com/bitcoinobituaries/. As of 19 December 2017, the website contained 212 links to articles which claimed that bitcoin would be dead soon. The first of them dates back to the end of 2010. EU Forecast euf:b.a18b:177/nws-01Read More →
regulatory stalemate All actors realise that the regulatory stalemate cannot be in the interest of the car buyers resp. Drivers, nor is it beneficial to automotive industry. For now, however, a swift solution is not on the cards, as illustrated by the discussion about the Blue Badge for cars withRead More →
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