4 ms·
BTC is deflationary by design.
by kikimora 11mo ago
BTC is deflationary by design.
- idiotsecant 11mo agoFascinating! What has the rate of inflation of Bitcoin been this month? This year? This decade? At what point has it been deflationary?
- kikimora 11mo agoYou can equally ask what was inflation of natural gold and diamonds. It was zero since there is fixed amount of gold and diamonds on the planet. Same with bitcoin.
- idiotsecant 11mo agoWhat?? There has been more Bitcoin today than there was yesterday since the first BTC was mined. It's the definition of inflationary. You have no idea what you are talking about.
- kikimora 10mo agoIn the same way as there are more gold dug from the ground today than before. What is the difference?