Question to my no-coiner friend:

"What happens if bitcoin demand is flat forever? Like the only people who will every buy bitcoin are the only ones who are today. No more, no less. Same folks buy same amount as today forever. What happens?”

Before he answered, I sent him an article that explains The Halving ™️ and the issuance schedule.

He hasn’t responded. As Greg Foss likes to say: Do The Math.