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rland | 3 years ago

We need something to invest in. Cryptocurrency is something, therefore we should invest in it.

discuss

The point is bitcoin supply is limited. Fiat is not.

By that logic, the supply of 1996 Toyota Corollas is also limited, in fact even more limited than Bitcoin's. Should we therefore invest in 1996 Toyota Corollas?

osigurdson|3 years ago

Bitcoin is limited until a sufficient number of stakeholders decide that the number should increase. While it may be true that this will never happen, it isn't bounded by physics or math.

kristjansson|3 years ago

If there is anything to learn from LUNA/UST, it's that the quantity of tokens in circulation has basically no bearing on the the _supply_ of tokens offered for sale at any given price.