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Cryptocurrencies are being printed in massive amounts all the time.
by user-the-name 6y ago
Cryptocurrencies are being printed in massive amounts all the time.
- matheusmoreira 6y agoHe said infinite amounts. Cryptocurrencies usually have a fixed supply.
- user-the-name 6y agoSo you're saying he is wrong in the weirdest way possible, by literally implying that central banks print infinite money, in a finite universe?
- matheusmoreira 6y agoBy infinite supply people mean the bank's ability to create any amount of money at will. Most cryptocurrencies have limits on the money supply.
- user-the-name 6y agoFrom the perspective of cryptocurrencies in general, those limits don't mean much when you can create new cryptocurrencies at a whim. The supply is equally limitless.