Quote from: Reinsurer on January 22, 2019, 08:50:38 PM

Quote from: whitslack on December 13, 2012, 03:08:08 PM

A clarifying note: These charts show the monetary (supply) inflation of Bitcoin. They bear no relation to price inflation, which is an entirely distinct phenomenon. When Austrian economists say "inflation," they're typically referring to monetary inflation, whereas Keynesian economists are typically referring to price inflation.

Also, please note that the top axis ("Year") on these charts is approximate, based on the scheduled block generation rate of one block per 10 minutes. The actual block generation rate has averaged a bit faster than this, due to the perpetually increasing hash rate, so we're already a little bit further progressed than the labels along the top axis would suggest. This doesn't mean there will be any more than 21M bitcoins; it only means that we'll reach the end of supply generation a little bit sooner than we would have if the hash rate had always held constant.

Bitcoin Inflation 4x3.pdf (8"×6") | Bitcoin Inflation.pdf (8½"×11")

Bitcoin Inflation logarithmic.pdf (8"×6")

Permission given to use and reproduce freely.

More market participants are frightened and repelled by the next news about serious problems with security in the blockchain sector. So, recently it became known that the personal data of the clients of the world's largest crypto exchanges Poloniex, Binance, Bittrex and Bitfinex, which in the spring of 2018 collected a full package of information about their customers as part of the Know Your Customer (KYC) mode, are sold on the darknet. At the moment, the situation is reminiscent of Westerns with bank robberies, only now they are stealing not only the money itself, but also the data about their owners. It is not surprising that big business is waiting only for guaranteed centralized solutions for the purchase and storage of digital assets.

Sounds scary, is this a fact?

cipherer

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