0 sats \ 1 reply \ @Dig 26 Dec 2022 \ parent \ on: Pseudocode for robust tail emission bitcoin
You clearly learned about Gresham’s law on your own, without a professor or someone knowledgeable enough to give you examples where it applies.
But Gresham’s law DOESNT apply to Bitcoin. It has no face value.
Gresham’s law applies when, say, I have a sovereign silver $1 coin (1 oz, worth $23+) and a paper $1 bill.
GENESIS