“In this sense, it’s more typical of a precious metal. Instead of the supply changing to keep the value the same, the supply is predetermined and the value changes.” - Satoshi Nakamoto
“In this sense, it’s more typical of a precious metal. Instead of the supply changing to keep the value the same, the supply is predetermined and the value changes.” - Satoshi Nakamoto
Yep, Bitcoin's like digital gold.
The supply's capped – 21 million coins, no more. So instead of pumping out more to keep prices stable, the amount is fixed and the value just floats.
It's predictable scarcity. That makes Bitcoin a whole new breed of asset. Wild ride!
