Post
Topic
Board Bitcoin Discussion
Re: DEAR SATOSHI, did you WANT an UNSTABLE coin, or why the harsh 4-YEAR HALVINGS?
by
leetcoiner
on 27/11/2018, 20:35:23 UTC
Well, you claim that, but that's not what basic economic and monetary theory would predict (as we've seen in fact happen) about suddenly halving the supply, inflation rate, even in the book "The Bitcoin Standard" itself.

*snip*
Though I do agree the suddenly halving the supply increases the price, we shouldn't be looking at the price here. We should be looking at the supply itself.  Also again, I really honestly don't think you can make the price stable just by decreasing the supply alone. It's still mostly due to supply and demand, like what Pursuer said on his reply.

Anyway, while I disagree with your proposal, thanks for creating a topic that's actually debatable and not bullcrap.

I think about the same as you, but there are some differences. It seems to me that a person who already has such large-scale thoughts in his head at the time of the idea can change the system as a whole. This shows us the history and so it was from time immemorial. It seems to me that this man is very brave and we just need to support him in his endeavors.