Post
Topic
Board Economics
Re: [CHART] Bitcoin Inflation vs. Time
by
nuffsaid420
on 02/10/2013, 04:57:29 UTC
Eventually that little line on your graph will level out. Once all BTC are mined and in the hands of bearers, inflation will be impossible because the amount of BTC is FINITE!
True, but since that is approximately 127 years away, can we assume that the bitcoin supply will be inflationary for the entire lifetime of anyone alive today?

I suppose it depends on whether you count "lost coins" as a reduction in supply against the generation of new coins, and how high the rate of lost coins is in any given year.

So you think it will take another 127 years to mine?? Let's revisit this statement in another year shall we?

What makes you think it will take another 127 years to mine the rest of the bitcoins?

I agree with the rest of your post. And like some one else has already stated "lost coins" aren't truly lost, we just don't care or have the technology yet to recover them.


Best