Post
Topic
Board Economics
Re: Bitcoin or gold?
by
markj113
on 15/07/2015, 14:02:35 UTC
The Bitcoin supply is, in fact, limited and finite. It is set to reap immediate benefits going forward when it comes to supply and demand, the most basic sound money concept. No worries about mere fiat currency principles like inflation or deflation. You can chart the amount of digital currency in circulation at any time in the future.

There is a finite number of bitcoins but they are infinitely divisible so are they really rare?



infinitely divisible? when we are at 1 satoshi you're done, there no more dividend, and in fact this could be a problem if one satoshi in a distant future will be worth too much like 1 dollar or more

Quite easy to add a few more decimal places.