Instead of the supply changing to keep the value the same, the supply is predetermined and the value changes. As the number of users grows, the value per coin increases. It has the potential for a positive feedback loop; as users increase, the value goes up, which could attract more users to take advantage of the increasing value
— Satoshi
Fascinating to reflect on this insight from Satoshi. It’s true that Bitcoin thrives on a growing user base and increasing value. However, could the involvement of asset managers like BlackRock in ETFs, mining companies, and even developer funding create risks for decentralization? Wouldn’t this feedback loop potentially be influenced by centralized interests? Let’s discuss! #Bitcoin #Decentralization #ESG
