On: The Cryptocurrency Industry Is 'On the Brink of an...

[MrEfficiency]

Idk, I buy burritos at taco bell with my Bitcoin Debit Card.

I dont trust my local government's always inflating currency.

[headnshoulders → MrEfficiency]

What card do you use? Anything on this list? https://docs.google.com/spreadsheets/d/1DRbTeMCzb4UeXI0YlAzB...

[spectec → MrEfficiency]

>non-inflated currency

>bitcoin

Pick one.

[fastball → spectec]

> always inflating

> fixed number of Bitcoins

Don't think he needs to.

[spectec → fastball]

Google defines inflation as: “a general increase in prices and fall in the purchasing value of money“.

Let’s take a step back and remember how Bitcoin’s purchasing power has lost nearly $15,000 since its all-time high. So yes, he does need to.

[sincerely → spectec]

Bitcoin is also worth almost exactly as much as it was worth a year ago.

[DennisP → fastball]

The number of Bitcoins that currently exist is still increasing, at about 4% annually. They have an eventual cap (assuming that never gets hard-forked away) but for now they still mint 12.5 new bitcoins every 10 minutes.