Post
Topic
Board Economics
Re: Hmm... is it time to crash BTC exchange rates yet?
by
BTConomist
on 26/05/2013, 19:42:35 UTC

You are wrong, it is limited and finite by issuing 21 million coins in its lifetime.

Quote
"Once a predetermined number of coins have entered circulation, the incentive can transition entirely to transaction fees and be completely inflation free"

http://bitcoin.org/bitcoin.pdf


Look to "incentive can transition entirely to transaction fees" as a clue.

What made you think that I'm not aware of 21MM supply of bitcoins?

I know, it is unfair to ask everyone to read between the lines.

But I need the GOLD 2.0 mania to last a little longer.