Okay, I get why #bitcoin is deflationary. Let's say you hodl amount X. Then you'll be able to buy more and more with your bitcoin as time goes by, because bitcoin is limited in supply
And that's why they tell you to hodl
#grownostr #bitcoin
Simply because more and more fiat is created, meaning more fiat is available over time, relative to things available to purchase.
Bitcoin is deflationary, because less and less Bitcoin is available over time relative to things available to purchase.
Fiat Currency = Stuff/∞ = 0 Value.
Bitcoin = Stuff/21,000,000 = ∞ Value.
As nostr:npub1ck7pm46mpx49rjaqpc93xlc7u8668fnze4un9zjwkvvsrn84820srlqqwqsaid, "Bitcoin has nonstop, because Fiat has no bottom."
Discussion
The caveat is you have to HODL to get richer
#grownostr #bitcoin