Tag: #economics
Summary of ‘Zero to One’, Chapter 4: The ideology of competition
Competition is often destructive and distracting. Wise companies either diverge into new space or merge into a monopoly, rather than imitate each other through competition. 2018-09-16
Why are there 21 million bitcoins?
The 21 million bitcoins limit was chosen to ensure the smallest unit, the satoshi, would have a reasonable value if Bitcoin were the world’s exclusive currency. 2017-09-15
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