50 sats \ 4 replies \ @premitive1 29 Jan \ on: Bitcoin gets a Marketing Team bitcoin
the narrative is a bit off though. the miners can't sell the bitcoin they mine today, except as an IOU when they actually access to those coins. and one assumes that many of these miners have pre-existing contractual relationships claiming the bitcoin they mine and sell.
Miners may have contracts based on dollars.
They may buy mining equipment based on dollars
They may take loan in dollars to buy equipment
And they may immediately enter into a contract to sell all the bitcoin they mine for the next one year may be
Ideally they should learn about https://www.ampleforth.org and start dealing in https://spot.cash
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you're proposing miners learn about an altcoin?
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Ampleforth is a concept - very different from any other altcoins
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If Satoshi made bitcoin today.
Oh, it's one of these. You'll have to get in line.
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