Post
Topic
Board Bitcoin Discussion
Re: Should bitcoin be limited to 21 million?
by
Mpamaegbu
on 24/03/2019, 04:12:30 UTC
Bitcoin is less of a currency and more of an asset class. Finite supply is a fundamental feature of Bitcoin. No compromise on it will be accepted.
Exactly! The 21million capped supply of Bitcoin is its saving grace. I bet you bitcoin won't remain the same once as little as 100 more is added to it. It will nose dive to its death. It's a trust thing. Hodlers and investors don't take such things easily. They feel betrayed. We have seen coins suffer for this additional supply and we have seen coins appreciate once unsold are burnt after ICOs. Bitcoin won't be any different.