Federal banks can completely control any crypto because majority of people are addicted to fiat and they can print as much as they need....it just makes situation worse....but hey presto, crypto suddenly has whatever value they like
marto when you will go deep into the study of money you will find out that a currency which doesn't inflate or deflate is essential for economy.Price stability is very much needed which is not possible with fixed supply, why?when supply is fixed the system deflates and then people don't know if the decrease in price is because of low demand of high supply.but when price remain stable then one can know that any deflation or inflation in market is either from demand or supply.again not a attack on dgb's fixed supply, it's just how today's economy need flexible supply, it is sad to see that the authority to do so is centeral banks which is not good at all.
Mining without added benefit will be harder and harder to profit from. Can't compete with Chinese and Russian 0.03$KW/h rate. I mine for heat during winter. Energy that needed to be spend. I have a benefit to do that with mining. Next step is mining integration into industrial process. Give a huge edge over competition if you can generate revenue from expenses.