RE: Bitcoin "Fixes Democracy"You are viewing a single comment's thread from:Bitcoin "Fixes Democracy"View the full contextView the direct parentblurtyield in crypto • 2 years ago why would it do that? crypto
every time the (mining) difficulty increases, the value goes up
it's simple supply-and-demand
restrict supply of an in-demand commodity and value goes up
not always true
https://cointelegraph.com/news/bitcoin-price-plummets-while-miner-hash-rate-soars-to-all-time-highs
and not that simple.
what is the demand?