Post
Topic
Board Economics
Re: Why bitcoin supply will NOT cap at 21M BTC
by
Erdogan
on 18/06/2014, 13:12:36 UTC
[...]
Probably the real value of newBTC will also drop because all the hoarders see no point in hoarding anymore as an inflationary policy will be applied to newBTC.
Probably t The real value of newBTC will also drop by design because all the hoarders see no point in hoarding anymore as an inflationary policy will be applied to newBTC.

Fixed that one for you.

[...]


As long as there is an inflation safe alternative, both mechanisms will depress the value. Inflation of supply will depress the value, and people running away from it will also depress the value.