Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
xyzzy099
on 05/11/2014, 21:02:04 UTC

@xyzzy099:  All fiat already exists in math.  Like Bitcoin, not all of it has been released yet.



Really.  Can you point me to the math that limits the number of CNY that will exist on 17 July 2017?

Math is limitless, that's the beauty of it.  Unlike Bitcoin's inflation, which is algorithmically predetermined, fiat inflation can be adjusted as needed.

I also can't tell you how many BTC will exist on July 17, 2017.
Learn how Bitcoin works Smiley

I'm pretty sure I know how it works.  You may not be able to predict the exact number, but the math restricts it to a pretty small range.  I'm pretty sure that no such math exists for CNY.

Inflation is never needed.  It is a tax that, for all intents and purposes, is paid only by the poor.

EDIT: Hey, notice how I was able to make my point w/o including a picture of ponies?  You should strive to emulate that kind of self-restraint Wink