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Famous Economic Principles Bitcoiners Must Know

• tromp 4y ago
  > Satoshi Nakomoto’s mission was to eliminate the Cantillon Effect and create truly neutral and fair money that is not dependent on any third party. Satoshi did not unfairly pre-mine any bitcoin to keep for himself. But he did arrange for half of all Bitcoin to be emitted in the first four years, which practically guaranteed a huge slice for himself as few people had even heard of bitcoin. Truly neutral and fair money would have a constant rate of emission, i.e. fixed block subsidy. That would still see yearly supply inflation rate go down towards zero, just much slower.