Damus
wispy🧉⚡⭐ · 44w
I mean... I probable won't get to the point where circulation is final aaaand the supply is, in fact, expanding. Yes, we know it will stop and yes, it's not based on trust. Bitcoin with the B is fixed. Just not in our human timeframe. Maybe it's the beauty of it
Hanshan · 44w
i think the point is a Bitcoin standard is economically deflationary. *because of its fixed supply.
Laeserin · 44w
I thought the deflation would eventually be caused by coins leaving circulation faster than new coins are emitted? Thereotically, the coins would still be there and new ones would be added (inflation). Practically, there are fewer coins in circulation and the available money supply is reduced (defl...
S!ayer · 44w
Fixed supply does not support economic growth. The economy stagnates then collapses. See: history.