He's gonna keep coming back with all you cant articulate anything blah blah blah blah blah blah blah blah
Discussion
So far I'm right. Nobody has addressed my point about deflation with anything other than memes and "NGMI."
When I point out that Bitcoin is, in fact, crypto (cryptocurrency), the only response is shock. Nobody can disprove it. Saying that "Bitcoin is not crypto" is just a marketing stunt that you all have fallen for.
Jeff Boothβs book explains how this works. It sounds like you should read about fiat money though, first. Cheers!
There is a fixed supply of 21 million Bitcoin.
When a wallet contain Bitcoin is lost or destroyed, that Bitcoin is permanently inaccessible--it cannot be recovered.
The supply of Bitcoin dwindles over time.
The currency deflates indefinitely.
It's a very inconvenient fact that nobody here likes to address, but it is nonetheless a fact.
You're wrong you are clearly wrong. I'm done bro you're wrong.
How am I "clearly wrong"?
If it's so "clear," then surely you can explain how?
Go cry to your monero guys How Bitcoin doesn' Work and will Never work
You are incapable of responding to a point made against your precious internet money. Your response is to tell me to "go cry" instead of addressing the issue I've raised (deflation, in this case).
I think we're done here--you lost. Go back to the circlejerk.