Listen here, retard.

Let's say there are 100 people, each with 1 fagcoin, and there can never be more than 100 fagcoins in existence. When someone drops their phone in the toilet or dies, any fagcoin they had is effectively impossible to get.

Those are the early adopters.

Let's say 1000 more people think this fagcoin thing is really cool, so they jump on board. They earn little pieces of fagcoin from some of the original 100, minus however many have dropped their phones in the toilet or died.

The total supply of fagcoin never increases; it only decreases. The number of adopters of fagcoin never decreases; it only stays the same or increases.

This is a recipe for disaster for anyone new trying to get into the fagcoin system, because fagcoin is more and more rare as more people effectively destroy bits of fagcoin by dropping their phones in the toilet or dying.

However, there are some early adopters of fagcoin who quietly hold onto their 1 fagcoin each. At first, they each had 1% of the total currency, but that percentage will gradually, and indefinitely, increase. Suddenly they have disproportionate power over the fagcoin economy just by sitting on it and doing nothing.

This is no different that investment bankers of our day riding the inflation waves by investing, except instead of actively investing and getting returns, the fagcoin bankers just have to sit there and do nothing as more people join and more people drop their phones in the toilet or die.

I don't care what faggot economic buzzwords you want to throw at me or which retarded economic theory by some dead guy you think you can lord over me; bitcoin is dead on arrival for all but the very first people who hoarded it 15 years ago, who then become the new banking class (remember, the people who control everything, who we all hate and are trying to use alternate currency to get around?) due to the simple fact that the supply is doomed to continually shrink.

Go ahead, show me some peer-reviewed papers that say I'm wrong. I'm sure you have plenty. I, on the other hand, have a brain, and I'm actually willing to use it.