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“We” can arbitrarily print more Bitcoin or dollars. In either case you just need consensus among the correct group of people.
by bradleyjg 5y ago
“We” can arbitrarily print more Bitcoin or dollars. In either case you just need consensus among the correct group of people.
- cyanydeez 5y agoinfact "we" can just seitch to any other infinite coins cause again, theres barely anything but grandfsther clauses tying bitcoin to any realworld value
- anonporridge 5y agoTechnically true, but the big difference is that if someone hard forks bitcoin to start printing more, holders will see their coins fork with the chains. You'll have both the old, hard money and the new diluted money, and the market will decide which one is more valuable. This doesn't happen with fiat. Which one would you choose?