Under the Microscope
Under the Microscope: The True Costs of Banking
Jul 12, 2014
Hass McCook compares the relative sustainability of the bitcoin network with the legacy banking system.
After examining the cost of gold production, Hass McCook looks at the sustainability of printing and minting physical currency.
Hass McCook evaluates the sustainability of the bitcoin network against the costs of gold, fiat and the banking system.
In part two of a series on bitcoin's sustainability, Hass McCook looks at the true costs of gold mining.
In part one of a new series, Hass McCook looks at the true costs of bitcoin mining.