Ninjastic
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Board Economics
Re: World population growth
by
Timetwister
on 23/09/2014, 14:27:48 UTC
Quote from: noob2001 on September 23, 2014, 02:00:14 PM
Quote from: Scott J on September 23, 2014, 01:30:11 PM
Quote from: Timetwister on September 23, 2014, 01:27:27 PM
Quote from: noob2001 on September 22, 2014, 04:46:43 PM

Therefore a 60,000,000 increase in global population

And its mathematically impossible for each of those individuals to ever own a full bitcoin.

What's wrong with that? It's also impossible for them to have, say, a ton of gold.
It's quite possible OP was suggesting this was a good thing...

... for the price of BTC at least!

Thats what I was implying. Bitcoin becomes more scarce everyday.

Then you are right, but there are many things more relevant to its demand than the population growth. Increasing the world population for 1% or 1.5% doesn't make a big difference.