If you dont believe it or dont get it, I dont have the time to try to convince you, sorry!
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.
It’s the same situation as gold and gold mining. The marginal cost of gold mining tends to stay near the price of gold. Gold mining is a waste, but that waste is far less than the utility of having gold available as a medium of exchange. I think the case will be the same for Bitcoin. The utility of the exchanges made possible by Bitcoin will far exceed the cost of electricity used. Therefore, not having Bitcoin would be the net waste.
HFSP – Nocoiner Tears
€40.00 Incl. VAT/BTW
206 in stock
21HODL Bitcoin Art
All orders are processed by myself to a local printing company. This means that there are no stocks. Twice a week I gather and process all orders. This way I am more personally involved in the whole process of each order. However, this means that the delivery is not as fast as with a dropship service. I will pack, send and number the posters.
*Please note that shipping times may take longer due to COVID-19.
The shipping time varies per location of course, but my goal is to have your poster received within 2 to 3 weeks. All posters can be tracked with a track and trace code. You will receive this code as soon as the parcel is delivered to the post office.
*The poster will be delivered without frame!
Are you experiencing problems during the order process because your country is not supported? Feel free to contact me via email or twitter, so I can help you further. This also applies if you would like a product in another size or material such as canvas.
Certificate of Authenticity
All the posters that are sold have a certificate of authenticity. Those certificates are linked to a time-stamped provenance record and stored in a permanent, decentralized and anonymous ledger on the Bitcoin blockchain. Certificates are easily and instantly accessible via smartphone or computer, but you will also be sent a paper version. More info