Replying to Avatar Nika

So, theoretically, after everyone is using Bitcoin as money, when I earn money through work, and save it for a year, it should be able to buy me the same amount of stuff as when I first put it in savings?
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ben 2y ago

I think that’s the idea, from 10-1000 years from now you would have the same amount of value.

But since there can’t be more bitcoin, and bitcoin is lost every year through people losing their keys, then the value should still increase?

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Nika 2y ago

I think nostr:npub1ajv7m32k0cpgzha32qszsh304qusjvwwmavus0ttktzldms4xzusuftppj and nostr:npub1w4swqedal6gcw23ndd93tkkdy3zj2l6zjdjvzrhu8rnw0k8lc8lswzprhz have the right of it. You'll still be able to buy more stuff with the same amount of Bitcoin in the future, first because technology will improve making it possible to make more stuff with less work, and second because saving your money means there's less demand on the stuff that's already been made.