Post
Topic
Board Development & Technical Discussion
Re: Nonsense about increasing the 21M supply cap
by
NotATether
on 20/12/2024, 17:03:03 UTC
3. Block size limit (on Bitcoin L1) got increased. Fee rate doesn't skyrate so much, where people split between using L1 or something else (LN, sidechain, L2, etc.).

That is also a possible option even though it's the least likely outcome, but even despite that, it still has more chance of happening than increasing the supply.

Also, Dogecoin has no supply cap.

That's exactly why I mentioned it. It is strongly unlikely that ultra-rich HODLers like Microstrategy and Blackrock would stop at one supply cap increase. They would increase the cap an arbitrary number of times, effectively making Bitcoin like the dollar (unlimited supply cap, just like Dogecoin, but at least Doge is upfront and honest about it).