Bitcoin is to Sting the Dust

[Ben Sisk]

Physical monopoly of industrial structure was seen in Bitcoin mining industry. In this type of market place the generation process is done by only one manufacturer. The process was consented by many financial specialist but there was a possibility to the bitcoin to be extinguished with the plan. At the end the price of Bitcoin departed from $379 to $20,000 and then went back to $3,621 while composing. After then too, my belief was that the long-run equilibrium price of bitcoin is zero.

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