Bitcoin doesn't have inflation.... but your next new domestic suv will.
NEW BITCOIN STICKER CONTEST
Win your share of 2.1M sats by putting a #bitcoin sticker in public!
1. Get stickers @ https://bitcoin.rocks/stickers
2. Put your stickers in public where people will see them
3. Reply to this post with a photo
We'll pick our favorite 30 photos on September 1st!
Swipe through the photos below to see the prizes. First place wins 1M sats!
Discussion
Come on mate, half-placed stickers don't earn sats. I can clearly see the backing in the middle.
Try a telephone pole (or our McDonald's bounty) and find a place you can leave the sticker permanently.
This sticker project is about spreading adoption, not faking photos for sats.
That's silly. Bitcoin absolutely has inflation.
There's a huge difference between monetary inflation and predictable issuance up to a fixed supply.
We cover this on the page the stickers link to here: https://bitcoin.rocks/inflation
Nope, there isn't. Inflation is inflation. The fed can call it
It's ridiculous that people have been claiming no inflation for years. Ill informed, mostly. Reducing and predictable, yes. Currently inflating same as gold however, which nobody would claim has no supply inflation.
I disagree but that's ok :)
Itβs inflation resistant. Hedge.
The supply is fixed at 21M. You cannot increase it ever. Gold has no fixed supply, therefore you can inflate its supply. You are the one that is ill informed
Being a fixed total supply has nothing to do with today's, and the past decade+ of inflation. Being capped supply total is completely irrelevant to current inflation and dilution of the supply. You need to remember it is capped for NOW. We have literally no idea in 2140 if the devs and miners and hodlers are more in line with Peter Todd and want tail emissions, or something else all together.
If I told you your inheritance is $1M payable in 100 years. What difference does it make for you to get 50% now and the other 50% for the next 99 years. YOU STILL GET $1M.
Math is not for everyone, I guess π
Because the Inheritence isn't itself a monetary base, rather just an amount of dollars, it isnt really comparable. Not sure why this is hard for people to admit that bitcoin currently has inflation. It has a set inflation schedule, decreasing until the end.
But certainly it is inflating. According to Clark moody dashboard, 1.75%. Or is it wrong too? Lol.
Early on, the inflation rate was huge. Next year, it will be pretty small, and 100 years virtually 0.
My node will never recognize tail emissions. 21M forever.
Bitcoin is hard to change today, and will be even harder to change in the future.
That is of course your right. However, if you end up losing to all, and are the shorten chain, the fork will make your node and chain worthless over time, much like BSV, Cash, ltc, and others.
My only point is people act like it cannot be changed, it can, it has, and it willl be in the future, for sure. So let's not lie to people who are new to it, let be honest and educate reality and explain why it's hard to change.