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RE: Death of BTC: Bitcoin Core Plans A Block Size Reduction from 1MB to 300KB

in #dlike6 years ago

Logically you are correct, however,
markets tend to be weird in this way.

Like price barriers at $100 increments... they don't make any sense, but they are definitely there.

Further, humans really like to have a... something to base things off of.
The US$ is good for human psyches. It allows us to price things.
Although the actual prices on things has no bearing to their costs.