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RE: Need Mathematical Help. Mining Costs.

in #bitcoin7 years ago

Also forgetting thing's like where blockchain could go, power security or the mid to longterm viability of www, it is the FIRST time we have something on the net that could last forever, from an economic stand point people can do irrational thing's for collectables....Look at baseball card's.
Not just the economic face value but psychological, sociological and emotional value are all factor's.
But yes, it's a crap system, as it sit's now.

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Baseball cards are a bad analogy if you are trying to promote the long term popularity the of the coin. They pretty much fizzled out in the early 90's...lol... but you are right people will do dumb shit for collectibles.

Thank you for getting the real point, now I get why I like your post's so much.
I'm not promoting anything just trying to sift threw the bullshit of the internet to get a clearer idea of where the world is heading.
Even if it fall's on it's ass it might still hold an emotional value for a while to the upper middle class who keep up with the Jone's. Just another option to watch out for.

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