Post
Topic
Board Beginners & Help
Re: What happens to Bitcoin value when block reward drops?
by
Sigmoid
on 06/12/2013, 17:22:04 UTC
It's an overall problem of BTC (one of many) - in the end only some few entities will control Blockchain = compromised = end of BTC. Just one of many problems which will prevent BTC from being successful.

Other Coins have much better technique and are more suited for future use.

I haven't yet seen a major alt coin with a constant linear money supply. It makes perfect sense to have predictable low inflation over a long term. It would make for a much more stable and much more ethical system.

It still rules out the deliberate easings that central banks use to debase fiat currency.