Post
Topic
Board Bitcoin Discussion
Re: Best aspects of Bitcoin to tell someone about?
by
Abdussamad
on 21/05/2014, 04:55:42 UTC
Any other to add to the list?

Limited supply, which is very good argument for anarchist/liberal crew. Re-definition of money, actually, the first real money.

The issue is that the supply is going down (or at least after it's all mined). People losing their coins and such turns it into a deflationary currency. I'm sure some think this is good. But really, it makes people afraid to spend it.

It's a bit like highlander isn't it? In the end there can be only one (satoshi) Tongue

Satoshi is reading this right now like "but there IS only one Satoshi!"

No i meant one satoshi as in the currency unit. If bitcoin survives long enough eventually all bitcoins will be lost except for the last satoshi. Then they will have to increase the decimal places or something.