Quote from: squatter on June 14, 2019, 12:56:48 AM

Quote from: ideas500k.com on June 13, 2019, 04:50:20 PM

Is limited supply money such as Bitcoin better over the current forms of money?

For they can be printed out more (EURO, USD etc currency) and gold can be found all over the universe.

The debate between proponents of low but perpetual inflation (like Monero) and those who favor a hard capped supply (like Bitcoin) will probably continue for decades. The jury is still out on that one.

But I think we can all agree that having a predictable supply and inflation rate combined with relative scarcity is vastly superior to the unpredictable supplies of fiat money or gold.

When it comes to money, the more information users have, the better. The transparency of money supply in cryptocurrencies like Bitcoin is unparalleled.

I agree with this, cryptocurrency's scarcity and limited supply helps it save it's value and it is indeed superior to fiat where central banks can print endless count of money which in some countries caused hyper inflation.