China's Bitcoin Mining Crackdown Skews Crypto's Basic Supply-Demand Economics

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Supply and demand is the cornerstone of economics. No matter the good or the service, where there is a scarcity of supply amid strong demand, there are higher prices. It should follow, then, that scarcity of bitcoin due to China's crackdown on more than half ...

from Google Alert - Business https://ift.tt/2ThAUSG
Supply and demand is the cornerstone of economics. No matter the good or the service, where there is a scarcity of supply amid strong demand, there are higher prices. It should follow, then, that scarcity of bitcoin due to China's crackdown on more than half ... https://ift.tt/eA8V8J

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