Friendly newbie reminder: There is a hard coded cap of 21 million bitcoin forever. Unlike with fiat currencies, it's impossible to arbitrarily start/stop a printing machine completely squeezing your wealth by stealthy expropriation. Thus bitcoin will long-term turn out to be a true store of value.

No text found

Submitted December 18, 2018 at 06:09PM by castorfromtheva https://ift.tt/2UTcFGQ

Comments

Popular posts from this blog

No, Bitcoin is not controlled by a small group of investors and miners (A rebuttal to the TechSpot article)

Day 9: I will post this guide regularly until available solutions like SegWit, order batching, and Lightning payment channels are mass adopted, the mempool is empty once again, and tx fees are low. Have you done your part?