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"There is a limited supply of bitcoins". Not really true. Bitcoin is infinitely divisible (unlike a dollar). Having only 21 million is not an issue, because pre
by unreal37 13y ago
"There is a limited supply of bitcoins". Not really true. Bitcoin is infinitely divisible (unlike a dollar). Having only 21 million is not an issue, because pretty soon we will be talking about micro bitcoins as the base unit of transactions.
And then there will be another Bitcoin competitor (Litecoin). And another. And another. We will never run out of bitcoin and equivalent products.
Stabilizing the price is definitely an issue. Can it be stabilized?