Quote from: BitHodler on May 08, 2019, 11:33:27 PM

Quote from: AmirSolo on May 05, 2019, 05:54:16 AM

hi, in my opinion if it wasn't limited to 21m, then we won't seen the price of it even grow. just like a Fiat currency that if a government keep printing them the price of it falls and there will be stagflation in the country.

Bitcoin is in its very early stage and for that reason the limited supply isn't the most important aspect of buying it. Ethereum has no limited supply, yet it kept going up hard because the demand greatly exceeded the supply.

With how crypto in general grows, and as long as the rate of inflation isn't an exorbitant percentage, the increasing demand will always outperform the rate of inflation, and I don't see this end in the coming 10 or so years.

Eventually it will matter, but for now it really doesn't. Bitcoin is a tiny drop in an ocean of capital that need a regulatory framework to consider it a safe and interesting enough asset class to allocate capital to.

Quote from: AmirSolo on May 05, 2019, 05:54:16 AM

hi, in my opinion if it wasn't limited to 21m, then we won't seen the price of it even grow. just like a Fiat currency that if a government keep printing them the price of it falls and there will be stagflation in the country.

Quote from: ranman09 on May 05, 2019, 03:23:32 AM

Quote from: RocketSingh on March 19, 2019, 05:01:09 PM

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.

I too think for now bitcoin as an asset. Without the 21 million cap, maybe it woun't be a great investment and prices wouldn't be pegged to go up.

Quote from: RocketSingh on March 19, 2019, 05:01:09 PM

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.

I mean let us put the price of fiat measured as bitcoin aside, and just look at bitcoin or gold(limited supplies).

What happens in the future?
https://www.youtube.com/watch?v=Y7TLFyK_3Pk

Ok granted you can work for ones coins, but why not start the race at the same time? Why are we enslaving our future people. Why don`t they get to mine? To anyone being born after 2030 bitcoin looks like a 100% premine and someone else`s money supply.

I think time and duration is the answer, we all make it at a constant (unlimited) we all stop making it when we die (limited) we all go to work for a certain amount of duration, and could get paid in time/duration representing coins.

Thoughts?