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This and it's devaluation proof with a fixed maximum circulation of 21 million coins.
by srrge 9y ago
This and it's devaluation proof with a fixed maximum circulation of 21 million coins.
- deleted 9y ago[deleted]
- plaidfuji 9y agoYou're confusing "devaluation" with "deflation". It's a "deflationary" proof, meaning the quantity of Bitcoins is formulaically scarce. Meaning their value can't be torpedoed by massive paper infusions from central banks. Value is not intrinsic, it's what someone is willing to pay.