Replying to Avatar Reed

If inflation is taxation, and taxation is theft, is the Bitcoin supply inflation that will exist until 2140 (block subsidy) theft?

No. Because the inflation of the Bitcoin issuance schedule is understood and agreed to by all those who voluntarily participate in the network. Thus, not theft because we all agree with how newly minted Bitcoin will be used (subsidize miners) and it's is distributed via proof of work.
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Corey San Diego 1y ago

Id argue its not inflation since the total amount is predictable and verifiable in the code. 21(ish) million already exist in that sense.

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Reed 1y ago

It's subsidizing miners who put downward pressure on the price when they sell newly minted coins to cover cost. It's penalizing hodlers to prop up miners.

But it's also exponentially decreasing over time and there is 100% buy in from all market participants. So it's a lot different than fiat monetary expansion.