Replying to Avatar PiecoverBTC

There is a set amount of GOLD on earth whether we know it or not, because earth is a finite planet.

2% inflation a year is a massive loss in purchasing power in 10 to 30 years, this is why gold can't protect you against inflation. Again Bitcoin is the fix to the very long old inflation problem. Going back to tail emission is a downgrade to humanity.
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Hanshan 5mo ago

Gold has retained its purchasing power despite 1-2% annual supply inflation for an extremely long time.

although its hard to assess the current valuation because the price is artificially suppressed with paper gold.

the only problems with gold are divisibility and transportation.

yes Bitcoin fixes those.

supply inflation isnt a problem that needs to be fixed.

arbitrary money creation by centralized parties is a problem that needs to be fixed.

the number of monetary units doesn't matter. as long as monetary policy is known and unchangeable, linear growth is better than a fixed supply.

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PiecoverBTC 5mo ago

You can't have indefinite supply inflation without a centralized parties, that's what you seems to be missing here. The problem is once you start deciding to give Bitcoin core or someone else the right to arbitrarily print SATs the government or other parties will get involve by either buy them out or corrupt them even more so they can benefit first, thus we come back to square one.

The problem is once you start to say we will print this much for this reason then you will always find reasons.

The difference with Gold is It's difficulty to be mined, you can't just say print this much amount of gold to pay miners more. If you do that with Bitcoin you just have another worthless fiat currency.