🚨 BREAKING: The Satoshi Nakamoto statue in Lugano, Switzerland has been stolen, according to Satoshigallery — the group behind the global statue initiative.
They’re offering a 0.1 $BTC reward for any info leading to its recovery. 😳
Despite the setback, the mission stays strong:
- 21 cities.
- 1 vision.
- Bitcoin lives on.
The price of any commodity tends to gravitate toward the production cost. If the price is below cost, then production slows down. If the price is above cost, profit can be made by generating and selling more. At the same time, the increased production would increase the difficulty, pushing the cost of generating towards the price.