Even if a finite number of coins exist if it can be split up by sending out .000001 per say than I don't see how that wouldn't be infinate money. Because lets say you have one bitcoin that is worth 1 ...
Currently the creation of new coins is fixed at a certain rate which halves every few years and will at some point in the future drop to zero. As I understand it, this is by consensus, i.e. all the ...
Why are all fiat currencies inflationary, and lose value with time? Could governments make them deflationary? What are the advantages of inflationary currency compared with deflationary currency? ...
Can someone explain to this simple soul why bitcoins are rising? And if they will stop doing so?
The key to currency stability is to have neither too many nor too few of a currency in circulation. So what is the "Goldilocks" area going to be if Bitcoin really catches on and everybody wants to use ...
I live in Europe, and more than a decade ago our national currency was replaced by the Euro. For a few years, everyone calculated back the price in Euro to the old currency when buying something, ...
I see people everywhere saying that bitcoins are immune to inflation but nobody has explained it adequately to me. I understand why bitcoins would be more or less immune to inflation cause in ...
Should fractional reserve banking be prohibited through the bitcoin protocol or otherwise, and how could such a change be implemented?
There's a massive macroeconomic debate between Keynesians, who want central banks to control the money supply, and Austrians who want no central banks doing any such thing--or at least competing ...
I wonder what is the benefit of having Bitcoin reduce the coins mined per block over time? Suppose a slightly less deflationary growth scheme was possible (and keep other properties that make Bitcoin ...
One of the most common criticisms made against Bitcoin is related to its deflationary nature. Regardless of the advantages and disadvantages of an inflationary system, would it possible to change the ...
Great effort has been put into Bitcoin's concept of money supply and that there will never be more than 21 million units. However, it's relatively easy to fork it and create alternate block chains. ...