Quote from: BTConomist on May 26, 2013, 07:42:35 PM

Quote from: jml on May 26, 2013, 07:35:25 PM

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.

Listen, I do not represent a collective of mining unions and I am not here to entertain you. If you cannot read a computer science paper, that isn't my problem mate. Your question has already been answered by myself and others; finite currencies will always have a hoarding phenomena (I know you can't be arsed to look into the link I gave you) and transaction fees is not the same as a block reward!