Positive feedback loop

"[...] it's more typical of a precious metal. Instead of the supply changing to keep the value the same, the supply is predetermined and the value changes. As the number of users grows, the value per coin increases. It has the potential for a positive feedback loop; as users increase, the value goes up, which could attract more users to take advantage of the increasing value."

Satoshi Nakamoto, February 18, 2009.

Source: http://p2pfoundation.ning.com/forum/topics/bitcoin-open-source?commentId=2003008%3AComment%3A9562

Submitted April 26, 2020 at 12:10AM by Rattlesnake_Mullet https://ift.tt/2Y4fR6k