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Pareto optimality is defined as one’s utilitycannot be increased without reducing someone else's utility. When it comes toBitcoin, South Korea has not achieved Pareto optimality. This means there is away to increase some people's happiness without reducing others' happiness, butit is not being pursued. What have the elites failed to realize that preventsSouth Korea from achieving Pareto optimality concerning Bitcoin?
(10 points, nopoints deducted for incorrect answers)
Pareto optimality is defined as one’s utilitycannot be increased without reducing someone else's utility. When it comes toBitcoin, South Korea has not achieved Pareto optimality. This means there is away to increase some people's happiness without reducing others' happiness, butit is not being pursued. What have the elites failed to realize that preventsSouth Korea from achieving Pareto optimality concerning Bitcoin?
(10 points, nopoints deducted for incorrect answers)
That Bitcoin cannot be eliminated