That's why the difficulty keeps increasing; mining is so lucrative that an ever increasing number of people are getting on board, which drives up the difficulty.
-3 karma · joined January 30, 2011
That's why the difficulty keeps increasing; mining is so lucrative that an ever increasing number of people are getting on board, which drives up the difficulty.
Besides, as first-post said: "let the market work this problem out". The girl in the video, herself, admitted that there was a reversing trend in the market. Problem...?
This is true. You're essentially increasing the tax burden on the entrepreneur class. This means less money spent on business formation, job creation and capital investment. The last thing that the US Economy needs right now. Not only that, but many "rich" might just decide to leave the country and go somewhere where they are allowed to keep the money they earn. What will you tax then?
Taxing the rich is a stupid policy. Look at the unintended consequences. There are two sides to every coin.
The problem with the US economy is simply that there is too much government and it's choking the private sector like a giant parasite killing it's host. CUT GOVERNMENT SPENDING.