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Due to the limited supply of 24 million BTC, Bitcoin is deflationary meaning it will go up in value as more people adopt it. Govt print fiat currency out of thi

Due to the limited supply of 24 million BTC, Bitcoin is deflationary meaning it will go up in value as more people adopt it. Govt print fiat currency out of thin air to encourage the population to spend on the economy. Bitcoin as the opposit affect as people use it for a store of value and a hedge against fiat currencies.

deleted 9y ago
[deleted]
icebraining 9y ago
That limit will only be hit in 2140.
- zghst 9y ago
  If it survives that long...
  - ojr 9y ago
    thank you for your trade analysis but since you have $0 in bitcoin, I assume, I would have to take it with a grain of salt
mattnewton 9y ago
It's arbitrarily divisible, up to the limit of a float though right? So nominal prices can keep "decreasing" in bitcoin for a long time. Maybe that's just too much work to keep the prices reasonable? Edit: they can't actually be using a float for money though, right? So what is the actual limit of divisibiity?
- nesyt 9y ago
  It's divisible to the 'satoshi'[0], but could be changed in the future. [0]: https://bitcoin.stackexchange.com/questions/114/what-is-a-satoshi https://bitcoin.stackexchange.com/questions/114/what-is-a-sa...
  - nhaehnle 9y ago
    Yes, people could increase the subdivisibility -- and break a lot of JavaScript implementations in the process. It's clear that Satoshi either had some affinity to JavaScript or was otherwise familiar with people who are crazy enough to do financial calculations using double-precision floating point numbers, from the fact that the upper limit of existing satoshis is so close to what fits into a double-precision mantissa.