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18 sats \ 1 reply \ @arrivederci 7 Mar \ parent \ on: No, bitcoin didn't really hit an all-time high. Here's why econ
Instead, Bitcoin has an adjustment for deflation, because as some coins get irretrievably lost, everyone else's Bitcon becomes more valuable.
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8 sats \ 0 replies \ @Bell_curve 7 Mar
Probably 1 million coins have been lost from 2009 and 2010
Then Silk Road arrived in 2011 and those coins became more valuable lol 😆
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