580 sats \ 3 replies \ @TomK OP 26 Nov 2023 \ parent \ on: Bitcoin: Living In A Deflationary World bitcoin
Important aspect. One day it'll be the uncorruptable economic constant which defines relative scarcity
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0 sats \ 2 replies \ @Undisciplined 26 Nov 2023
At some point, maybe soon, the rate of losing Bitcoin will exceed the rate of mining Bitcoins. It will then actually be deflationary.
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580 sats \ 1 reply \ @TomK OP 26 Nov 2023
I can't imagine a person losing even one Sat if it reaches its price points in 10 or 20 years
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0 sats \ 0 replies \ @Undisciplined 26 Nov 2023
It might be a slow rate of loss, but stuff happens.
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