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Tagged with governance difficulty
2 questions
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Any supervisory power on earth to ensure that Bitcoin system will remain resilient if hashing conditions change rapidly?
Assume that Bitcoin value versus the “fiat money” is of great significance and imagine suddenly discounted by 50% or more, the current pools are not in money any more, stop hashing. The current ...
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How does the network adjust the rate at which the coins are created?
Who runs the Bitcoin network, and how do they adjust the rate at which the coins are created?
