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The amount of total Bitcoin is known and capped.

• paulgb 6y ago
  Yes, because the amount of inflation goes to zero over time. That doesn't mean that there's no inflation now (i.e. that new Bitcoin aren't created every day until that time). (I guess you could argue semantically that mining doesn't “create” Bitcoin but “unlocks” it or something, but it doesn't affect the dynamics I mentioned where the cost of running the network is currently subsidized by the newly unlocked Bitcoin and that subsidy will disappear over time.)
  • Sammi 6y ago
    The total Bitcoin supply doesn't inflate. And so your assets won't be inflated away.
    • paulgb 6y ago
      Again, it’s a semantic distinction. I think it’s more accurate to say it inflates at a known rate than “doesn’t inflate”, but I’m not going to argue semantics. It doesn’t address the problem of the network being subsidized by the diminishing pool of remaining unmined bitcoin, and what happens when that pool is exhausted.