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How significant is it really? There will be less than 15% change in the total supply and the majority of that actually will happen in the next few decades.
by bitxbitxbitcoin 6y ago
How significant is it really? There will be less than 15% change in the total supply and the majority of that actually will happen in the next few decades.
- SpicyLemonZest 6y agoIf you ask me personally, I'm not convinced the number of base units in existence is an important metric for any currency. (In the US dollar for example, this is called the "monetary base", and neither fans nor detractors of American monetary policy point to it very often.) It's just an illustration of the fact that the value of Bitcoin can't come deterministically from its restricted supply - if it did, that 15% supply increase would equate to a 13% loss for all holders.
- tromp 6y agoI try to answer that in https://john-tromp.medium.com/a-case-for-using-soft-total-supply-1169a188d153 https://john-tromp.medium.com/a-case-for-using-soft-total-su...