List of Flash News about penny minting
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2025-02-10 18:19 |
Impact of US Treasury's Decision on Penny Minting and Bitcoin's Fixed Supply
According to AltcoinGordon, the US Treasury's move to halt penny production highlights the inherent value proposition of Bitcoin's fixed supply, as the cost of minting pennies exceeds their face value. This decision underscores the advantage of Bitcoin in terms of scarcity, potentially influencing investor sentiment towards cryptocurrencies with limited supply. Traders should monitor market reactions to these government policies as they may affect Bitcoin's perceived value as a deflationary asset. [source: Twitter] |