It's a fallacy to assume the scarcity created from a fixed supply is what drives #Bitcoin 's value.
15 Nov 2022, 08:21
It's a fallacy to assume the scarcity created from a fixed supply is what drives #Bitcoin 's value.
Especially when the supply is the biggest provider of security @peterktodd
@Valustks1 @bitcoinpasada @TokenHash @_JustinMoon_ @Ruminorang I think a wide variety of supply algos would have worked, as long as they are predictable. Bitcoin's works well because it is simple enough for a large number of users to understand. Security/trust min is responsible for more of the value, as I assess it.