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> The US dollar has lost >97% of it's value just since the inception of the Federal Reserve in 1913 That's over a 100 years ago. I can easily see bitcoin lose
by tromp 3y ago
> The US dollar has lost >97% of it's value just since the inception of the Federal Reserve in 1913
That's over a 100 years ago. I can easily see bitcoin lose much of its value in about 4 decades when the block subsidy is negligible and it relies almost exclusively on transaction fees for security.
- anonym29 3y ago>I can easily see bitcoin lose much of its value in about 4 decades when the block subsidy is negligible and it relies almost exclusively on transaction fees for security. I actually agree with this, and that's one reason I, too, prefer Monero - the tail emissions + tx fees are more economically sustainable than tx fees alone.