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> But the number of bitcoins is mathematically capped. The number of bitcoins is capped at a distant future date; but in the present, it continually increases.
by cesarb 8y ago
> But the number of bitcoins is mathematically capped.
The number of bitcoins is capped at a distant future date; but in the present, it continually increases. This is similar to how a curved Earth can appear to be locally flat. For now and for many years to come, the supply of bitcoins does inflate constantly.
- JumpCrisscross 8y ago> the supply of bitcoins does inflate constantly Inflation is a measure on prices, not money supply. Bitcoin’s money supply is increasing. It is, on average, deflationary.