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I agree with the author that having a finite number is not beneficial for a currency -- it is inherently deflationary. I can understand a currency which is incr
by cmbaus 13y ago
I agree with the author that having a finite number is not beneficial for a currency -- it is inherently deflationary. I can understand a currency which is increasingly difficult to increase the supply, but limiting production to a fixed amount will certainly lead to hoarding. I've never understood this limitation in bitcoin.