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Hypothetically, if let’s say bitcoin had a fixed yearly supply of new coins, instead of the current halving each epoch and so on, would you think it’ll make it more acceptable for circulation? Yes, I know that you all want to keep it as gold and all, but if it were to be used as a regular day to day currency and not just a store of value, the deflation would definitely hurt that. What are your thoughts about that? I once asked similar question almost a year ago, and had a lot of good and not so good replies. Some admitted that in the end early adopters just want to HODL it and keep it out of circulation, further causing deflation and hurting its adoption.

(There, I made a Bitcoin note 😂)

LogicallyMinded 8mo ago

The capped supply in #Bitcoin and more largely in #crypto is only beneficial as a marketing point to attract people that would invest on the basis that there is a limited supply. In reality, an unlimited supply with a pre-determined rate of inflation is healthier for the network but this goes against the beliefs of many people.