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Likely gonna get downvoted for saying it. Wasn’t this the whole point of bitcoin? To guarantee a slow increasing supply of coins with a fine upper limit of 21
by nojvek 3y ago
Likely gonna get downvoted for saying it.
Wasn’t this the whole point of bitcoin? To guarantee a slow increasing supply of coins with a fine upper limit of 21 million bitcoins. Only 2 million more left and they get increasingly take more energy to mine.
There was a joke amongst my peers that the last bitcoin will take a Dyson sphere around the sun to mine.
Bitcoin makes sense as an instrument to hedge against inflation, but the charts correlate with stock market. So it is as speculative as the rest of market. Unlike say gold which usually has an inverse graph as a holder of value.
IMO the insane trading fees of bitcoin have ruined it for me.
I love what ethereum is doing with proof of stake.