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Des Imoto マキシ /
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2024-10-08 02:09:50

Des Imoto マキシ on Nostr: 🫂 Sorry for being a stickler, but conflating the two words inflation and ...

🫂 Sorry for being a stickler, but conflating the two words inflation and circulation isn’t technically correct. Inflation happens in the denominator…the temporal state of #Bitcoin I.e. circulation, block rewards, hodl’ing etc, happens in the numerator. For fiat money, when they print; for gold, when they find it, the denominator is variable and infinite (inflation). #Bitcoin doesn’t have inflation, unique in fact, the denominator is fixed at 21 million. Yesterday, today and tomorrow.
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