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> for the next 100 years will continue to print new coins The new coin supply (block subsidy) is reducing at an exponential rate and will soon not be able to e
by tromp 3y ago
> for the next 100 years will continue to print new coins
The new coin supply (block subsidy) is reducing at an exponential rate and will soon not be able to even compensate for the rate of lost coins.
- adastra22 3y agoArguably we’re already at that point.
- Kathula 3y agoThe question was not if Bitcoin overall is deflationary. The comment said it was by design, which it arguably isn't because by design it's actually inflationary.
- adastra22 3y agoOnce all bitcoin is issued, there will never be any more. That is intrinsically deflationary. I really don't see how you can argue that bitcoin is inflationary by design when the period of inflation is a temporary necessity for the initial issuance, and then never repeats[1]. [1] Well, ignoring BIP42 that is.