TheGhxstRunner on Nostr: #askNostr Hey can someone direct me to a source that explains bitcoins inner ...
#askNostr
Hey can someone direct me to a source that explains bitcoins inner workings. I’ve been following bitcoin since back when it was 20k jumped to 60k then dropped to 16k now it’s at 100k.
I need to know how is its value determined, will there ever be a stable price. for example 1 dollar is 1 dollar. I understand the Fed Printing more makes the purchasing power go down, but the value of 1 dollar doesn’t move quite as dramatically as bitcoin. So will bitcoin ever reach a point where the value will plateau.
Any videos or explanations you have are greatly appreciated.
Published at
2025-01-21 19:01:42Event JSON
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"content": "#askNostr\n\nHey can someone direct me to a source that explains bitcoins inner workings. I’ve been following bitcoin since back when it was 20k jumped to 60k then dropped to 16k now it’s at 100k. \n\nI need to know how is its value determined, will there ever be a stable price. for example 1 dollar is 1 dollar. I understand the Fed Printing more makes the purchasing power go down, but the value of 1 dollar doesn’t move quite as dramatically as bitcoin. So will bitcoin ever reach a point where the value will plateau. \n\nAny videos or explanations you have are greatly appreciated.",
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