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This Is All It Would Take For Bitcoin To Become A Worthless Cryptocurrency

If the price of bitcoin falls below its cost of mining, it will quickly go to zero.The real concern is that if the price of bitcoin continues to fall, mining will become infeasible, and without enough participants providing the computing power to record the transactions, the transactions will be infeasible and bitcoin will become worthless.

Autor

Atulya Sarin

Professor, Santa Clara University

Zdroj

MarketWatch

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