what if there is a device that can generate quadrillion coins?

Inchoid
Posts: 3
Joined: Fri Apr 28, 2017 8:04 am

what if there is a device that can generate quadrillion coins?

Postby Inchoid » Fri Apr 28, 2017 11:08 am

If someone creates a device that has the ability to generate quadrillion coins just within a span of few minutes, what would be the effect of it on banks and organizations?

kevin
Posts: 80
Joined: Thu Apr 06, 2017 8:09 am

Re: what if there is a device that can generate quadrillion coins?

Postby kevin » Fri Apr 28, 2017 11:32 am

First of all, the maximum amount that bitcoin will ever reach is 21 million, and a large portion of it has already been generated. So, there's very little left behind. Concerning impact, Bitcoin is not really a huge player in the international economy, so it won't have any widespread effect on banks and organizations.

Who is online

Users browsing this forum: No registered users and 1 guest