Comment by qbxk
2 years ago
yes, that's right, i should have added the conclusion: by increasing supply, price goes down, that's how consumers benefit.
2 years ago
yes, that's right, i should have added the conclusion: by increasing supply, price goes down, that's how consumers benefit.
But they are increasing demand, not supply. You are theorizing that somewhere someone will build more supply because the increased demand is increasing the price to consumers, which is not what I would call a consumer benefit while they wait for that someone to get their giant power plant built to offset the completely useless bitcoin mining.