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0 sats \ 4 replies \ @siggy47 OP 8 Sep \ parent \ on: Russia & China’s US-Provoked Payment Problems econ
Most of the btc that will exist has already been issued. Hopefully those giant old wallets are never tempted by enormous sums of fiat.
It is true that of the 21 million there are already 18 million in issue, but from time to time they put their claws in and manipulate the market, pushing the price so they can accumulate. On the other hand, there are mining pools, I'm not against them, but we know that for a miner to only mine one block, wow, it's hard work. It's also true that in the pools the profits are shared among everyone, but the majority part remains in powerful hands. What is issued and what remains to be issued can be bought by these whales. And when does general adoption arrive? Before it arrives, what will happen? Hopefully this control does not discourage adoption or harm it.
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That's why we need local circular economies like yours.
Off topic, but I'm curious. Do you accept bitcoin for medical services?
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Ah yes. That makes sense.
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