matata -- 617d oke.. i see your point now i think replyoke.. i see your point now i think
thread · root dda0a8d4…e1f0 · depth 15 · · selected 18d639ca…56a2
thread
root dda0a8d4…e1f0 · depth 15 · · selected 18d639ca…56a2
XAU ATH?#Gold does not rise at all. It is the unbacked dollar that is degenerating against commodity-backed hardmoney…Study #bitcoin https://image.nostr.build/3f53c73bb03003dfd5278f2ca9fa17fee186c14d0901bfcff6c44ef7ac85c40b.jpghttps://image.nostr.build/bc859237013aa1827af73e200f94b725cafaac14ba85092ec59ae795c9cfca30.jpg
Gold is devalued at least 2% a year... it's not going up, it's actually going down. But fiat is going down fast.Only Bitcoin is absolutely scarce.
Bitcoin will be scarce but it’s currently inflationary too
Because the entire future issuance is known it is not considered inflationary. You can simply assume 21 millionsupply, and with that, it's actually deflationary. Unlike gold which is an unlimited supply. See the difference?
No. Knowing something will be doesn’t mean it is right now. That’s sloppy reasoning.Bitcoin has a hard capped supply of 21M with a diminishing issuing rate. It will be deflationary long before itslast halving but until then it is inflationary.
Inflation typically refers to the decrease in purchasing power of a currency over time due to an increase in thesupply. When more money is printed or gold is mined, the value of each unit of currency decreases, leading tohigher prices for goods and services.Since the supply of Bitcoin is fixed and cannot be increased, it does not suffer from inflation in the same waygolds does. The inability to create more Bitcoin ensures that it remains scarce.What you are calling inflation is simply the issuance of an absolutely scarce commodity. It doesn't matter thatit hasn't been issued yet, all that matters is that no more than 21 million can be created.
My fellow Bitcoiner, I’m happy you’re as bullish as I am on Bitcoin but what you’re saying is factually wrong.Additional 3.125 BTC block subsidy are being issued roughly every 10 minutes inflating current supply. That’sinflation.Future supply is irrelevant here.I get your point though. It will never be more than 21M and if that’s priced in, from a future me point of viewit’s deflationary.
Supply is 21 million, impossible to inflate. What you are describing is issuance.
Let’s end it here. All the best to you 🫂
nooo, I'm curious now too.. isn't that issuance?the 21m already exists, they're just being issued according to a formula
You’ll be dead in 100 years. Your corpse already exists, it’s just breathing a few last times according tobiological predisposition.
😂 😂 😂
im not crazy goddangedwhat's your definition of inflation?
Increase of actual supply.
oke.. i see your point now i think
Gold is devalued at least 2% a year... it's not going up, it's actually going down. But fiat is going down fast.
Only Bitcoin is absolutely scarce.
bef724f6…f78c -- 618d [parent] | reply [1 reply]Bitcoin will be scarce but it’s currently inflationary too
e7596028…afb8 -- 618d [parent] | reply [1 reply]Because the entire future issuance is known it is not considered inflationary. You can simply assume 21 million supply, and with that, it's actually deflationary. Unlike gold which is an unlimited supply. See the difference?
bef724f6…f78c -- 617d [parent] | reply [1 reply]No. Knowing something will be doesn’t mean it is right now. That’s sloppy reasoning. Bitcoin has a hard capped supply of 21M with a diminishing issuing rate. It will be deflationary long before its last halving but until then it is inflationary.
e7596028…afb8 -- 617d [parent] | reply [1 reply]Inflation typically refers to the decrease in purchasing power of a currency over time due to an increase in the supply. When more money is printed or gold is mined, the value of each unit of currency decreases, leading to higher prices for goods and services. Since the supply of Bitcoin is fixed and cannot be increased, it does not suffer from inflation in the same way golds does. The inability to create more Bitcoin ensures that it remains scarce. What you are calling inflation is simply the issuance of an absolutely scarce commodity. It doesn't matter that it hasn't been issued yet, all that matters is that no more than 21 million can be created.
bef724f6…f78c -- 617d [parent] | reply [1 reply]My fellow Bitcoiner, I’m happy you’re as bullish as I am on Bitcoin but what you’re saying is factually wrong. Additional 3.125 BTC block subsidy are being issued roughly every 10 minutes inflating current supply. That’s inflation. Future supply is irrelevant here. I get your point though. It will never be more than 21M and if that’s priced in, from a future me point of view it’s deflationary.
e7596028…afb8 -- 617d [parent] | reply [1 reply]Supply is 21 million, impossible to inflate. What you are describing is issuance.
bef724f6…f78c -- 617d [parent] | reply [1 reply]Let’s end it here. All the best to you 🫂
matata -- 617d [parent] | reply [1 reply]nooo, I'm curious now too.. isn't that issuance? the 21m already exists, they're just being issued according to a formula
bef724f6…f78c -- 617d [parent] | reply [1 reply]You’ll be dead in 100 years. Your corpse already exists, it’s just breathing a few last times according to biological predisposition.
bef724f6…f78c -- 617d [parent] | reply [1 reply]Increase of actual supply.