3 ms·

I can see the headlines now... "Bitcoin running out of steam?"

• masklinn 9y ago
  Not being used is the logical end of it when we know there's a fixed available amount[0]. That means bitcoin is intrinsically deflationary, and at there's absolutely no reason to use them: they'll be worth more tomorrow than today, and next week than tomorrow. Until everything grinds to a halt and crashes down. [0] in which sense it is very different from gold, which kept increasing in amount, just (mostly) slowly
  • scott_karana 9y ago
    GP's post was just a pun/joke. Think you missed it :)