Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Topic OP
Bitcoin *is* an inflation hedge in first place. Satoshi expressly made it so.
by
nullius
on 29/07/2022, 20:37:13 UTC
⭐ Merited by NotATether (1)
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 policy was “an idea built by influencers and speculators in the last years.”  That is wrong in fact.  Not a matter of opinion.


Correct information now gets its own thread, to avoid being buried in a spam megathread.  This issue is too important to let correct information be buried by the low-value posts of sigspammers.  If you want to complain about something, complain about paid signature advertising; and lobby the Bitcoin Forum administration to ban paid signatures.  Are those the purpose of Bitcoin, or a later idea by something tantamount to “influencers and speculators”? Roll Eyes