Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
raid_n
on 05/11/2014, 22:12:54 UTC
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


I'm sorry if I have to break it for you guys but there is no "math" that limits the number of bitcoins.
You need to stop thinking about bitcoin as some mathematical absolute that has been discovered by satoshi.
It is more or less just a statement made in code that everyone agrees with.