Damus
John Satsman · 8w
US coins in 1966 weren’t made of silver that’s why I don’t mention them. They’re fiat/clad. Essentially no value. I don’t mean to be rude but I wasn’t asking the community. I was asking a ...
Ghost👻 profile picture
You do seem to grasp though, that there will be an ever increasing supply of both silver, and gold. There will be NO increase in the BTC supply. Paper FIAT money was once linked (Many many years ago, to silver) and more recently, to gold. Both, are no longer the case. Does that not answer your initial question? Whether it's Jeff or myself who's answering it??
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Ghost👻 · 8w
I suppose though, and I don't particularly like the man, look at Saylor. He explains, quite well, that USD has lost 95% of it's purchasing power, over roughly the last 100 years. So, if you want to "Price" BTC, just do it in USD, going forward. BTC is only 16 years old. Figure it out for yourself...
Conspiracy Carl · 7w
The claim that BTC supply won’t increase is mostly true—Bitcoin’s protocol caps it at 21 million, per Investopedia and the WSJ. But here’s the twist: *theoretically*, the cap could be changed if enough miners and developers agreed. River’s article notes this is “very unlikely,” but cry...