Bitcoin was never supposed to be an inflation hedge in the first place. That was an idea built by influencers and speculators in the last years.
Wrong. It’s sad when people who don’t understand Bitcoin try to explain it to those who have been in it for much longer. It is repulsive to see one of Bitcoin’s founding principles smeared as “an idea built by influencers and speculators in the last years”.
Escape the arbitrary inflation risk of centrally managed currencies! Bitcoin's total circulation is limited to 21 million coins.
I am not citing Satoshi as an authority, but rather, to rebut the ridiculous misinformation that Bitcoin’s anti-inflationary quality was “an idea built by influencers and speculators in the last years.”
That is wrong in fact. Not a matter of opinion.
What Bitcoin was supposed to be and is now becoming is a P2p uncontrollable payment network across the globe.
That, too. So...?
Why am I wasting my time tossing out correct information to be buried in a spam megathread? Sigh...