Quote from: pooya87 on May 14, 2021, 03:24:39 AM

Now money can have limited supply, doesn't have to be inflationary

Quote from: mk4 on May 14, 2021, 03:57:04 AM

1. Bitcoin's supply cant be messed up

Quote from: tranthidung on May 14, 2021, 06:03:25 AM

Total supply is finite and can not be changed by anyone else. It is 21 million BTC

Quote from: ILuckyGuyI on May 14, 2021, 09:37:33 AM

Bitcoin's max supply is limited which makes it much more valuable than fiat money.

Quote from: Abiky on Today at 02:30:03 AM

Bitcoin makes a good store of value with a limited supply of 21 million coins.

I see a lot of people bringing the Bitcoin's fixed supply as something “good” compared with the traditional money. While I'm a big hater of the way some governments inflate their currency and devalue people's money, I'm also not in agreement that using a deflationary currency is an advantage of the whole case. It's made in a way to be more valuable over time, but this is not how a currency should be like.

By knowing that my money will have a greater value in the future, makes me want to avoid spending it. So, by setting a fixed supply, you're instantly ruining the entire purpose of your currency. It won't be used as a medium of exchange, as it should be. Contrastingly, it'll be kept as a store of value asset and investment with the reasoning that it'll worth more in the future. On a healthy capitalization, money has to circulate.

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Why crypto (bitcoin) is better than traditional money?

I wouldn't say that you can compare those two. They both satisfy different needs. Traditional money is needed, otherwise there is no state and hence, no society, while Bitcoin provides financial freedom. I don't know about you, but I want these two to co-exist.