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16 votes
Accepted

How much inflation does Bitcoin have, year by year?

Year #bitcoins Inflation per annum 2009 1,624,250 - -------------------------------------------------- 2010 5,020,250 209.1% 2011 8,001,400 59.4% 2012 ...
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  • 62.5k
7 votes

After all possible Bitcoins are created, won't transaction fees eventually consume all Bitcoins?

There are two objections I would raise: Miners have expenses. You need to pay your power bill. You need to pay your employees. You need to pay for new ASICs when the old ones inevitably become ...
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  • 28.6k
4 votes
Accepted

Is there a way to make a crypto-currency stable by design? How?

There is a few problems with giving a crypto-currency a stable value algorithmically: Stability compared to what? The algorithm would have to be specifically pegged to either an asset, a currency, ...
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  • 62.5k
3 votes
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Does Halving cause inflation?

Inflation is "a general increase in prices and fall in the purchasing value of money." One cause of inflation is printing more money. By halving the rate of production of new money you halve its ...
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3 votes

What’s the purpose of checking for input overflow?

It appears to largely be just a belt-and-suspenders check. As you say, it is unnecessary to do this check. However it doesn't hurt to have this check in there. At worst, it just adds a few nanoseconds ...
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  • 60.6k
3 votes
Accepted

Is the number of coins limited by rule or by computational infeasibility?

No it does not become computationally infeasible, 1 halving per 210.000 blocks leads to a total of 21m due to math. Bitcoin block reward is 50 for 210.000 blocks then 25 for 210.000 blocks then 12.5 ...
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  • 3,175
3 votes

Should USD savers be concerned about the rising popularity of cryptocurrencies?

Considering that the US dollar has lost 90% of its purchasing power over the last 100 years you should be worried regardless of cryptocurrencies.
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  • 54
3 votes
Accepted

How are new bitcoins created without monetary inflation?

Bitcoins are created at a predetermined rate. Until this rate drops to 0 (around the year 2140), the supply of bitcoins is increasing. If this isn't offset by destroyed/lost coins and increased demand,...
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  • 4,327
2 votes

How are new bitcoins created without monetary inflation?

First of all, there's nothing wrong about some inflation or deflation in general. You can hear lots of flame from various economists, some of them trying to persuade you that a small inflation is ...
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  • 1,394
2 votes

Why are fiat Currencies inflationary and Bitcoin deflationary?

Fiat currencies are inflationary by design, so that people don't hoard currency. The more your money loses value every year, the less likely you are to keep it sitting in a bank. This availability of ...
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  • 21
2 votes
Accepted

Should USD savers be concerned about the rising popularity of cryptocurrencies?

Let's compare the total size of circulating BTC to US dollars. According to coinmarketcap.com, the total value of all Bitcoin is 250 billion as measured in US dollars. Throw in Ethereum, Bitcoin Cash, ...
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  • 146
2 votes
Accepted

Why bitcoin is not inflationary?

If one could simply "print more" Bitcoins, then it would quickly lose its value (this is the definition of inflation btw) because of increased supply. This is the main reason why, for instance, the ...
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2 votes
Accepted

Is the Stellar inflation voting public?

Yes, the information is public and in the ledger history. you can find how inflation works in Stellar.org's mandate https://www.stellar.org/about/mandate/#Stellar_creation and https://www.stellar....
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2 votes
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Understanding "Bitcoin Inflation vs. Time" chart

The blue line on the graph represents the total supply of BTC in existence at that point in time (right axis). The red line represents the instantaneous annualized inflation of the BTC supply (left ...
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  • 17.2k
2 votes
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How does Bitcoin protect against inflation?

Inflation is increase in price without increase in utility. A car with similar features helps you get from point A to point B just like it did one year ago (same utility). However, the cost of the car ...
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  • 6,898
2 votes
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How will Bitcoin be inflation free?

Inflation is newly mined coins added to circulating supply. When block rewards become zero and transaction fees are the only incentives for miners, there won't be any new coins added to circulating ...
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2 votes

Does Halving cause inflation?

The currency supply of Bitcoin currently inflates at about 2.5% p.a.. However, this is what economists refer to as monetary inflation. The supply is disinflationary, because the rate of monetary ...
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  • 62.5k
1 vote

Does Halving cause inflation?

Inflation is when there's too much money in the economy, thus too much demand for goods paid with this currency, thus causing general price levels in terms of this currency to rise. Halving reduces (...
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  • 9,789
1 vote

After all possible Bitcoins are created, won't transaction fees eventually consume all Bitcoins?

Technically yes, but miners themselves can then sell those Bitcoins back into the pool for non-miners to pay for their own goods and services. While this brings up an interesting point about an ...
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1 vote

After all possible Bitcoins are created, won't transaction fees eventually consume all Bitcoins?

No. Miners do not "eat" the transaction fees. The fees are their income and they can spend them later.
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  • 1,022
1 vote

After all possible Bitcoins are created, won't transaction fees eventually consume all Bitcoins?

In addition to all that has been said: You, like everyone else, can become a miner (or part of a mining pool). So, every miner is in competition with every other miner, and as said, will have an ...
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1 vote

Should USD savers be concerned about the rising popularity of cryptocurrencies?

Move some of your savings into Bitcoin or etherium simply as insurance against hyperinflation. BTC is not the threat to fiat currencies; Bitcoin is the lifeboat away from fiat currencies when they ...
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1 vote

Does Ripple support Gateway interest?

Not directly. The gateway would have to create a transaction for each user, to award them their interest. It would not be built into the protocols as demurrage is. So it would really be up to each ...
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  • 131
1 vote

Why don't cryptocurrencies create inflation if there are so many of them?

The term "inflation" usually refers to prices for goods and services in the offical fiat currency of a country. In that sense "inflation" does not really apply to the price of one unit of crypto in ...
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  • 54
1 vote

Why don't cryptocurrencies create inflation if there are so many of them?

Other crypto currencies are their own entities, like each country contains their own currency each crypto currency is self contained. While others (fiat currency) depend on the rise and fall of the US ...
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  • 11
1 vote

What does the value of bitcoins depend on?

The value is unstable because it's a small and speculative market. People don't really understand what bitcoin is and they can be lead to believe many things.
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1 vote
Accepted

Can the bitcoin supply be expanded?

"[...] is it possible for this third party to lend my bitcoins [...]" If the bitcoins are in your address and only you know the private key of your address, then nobody else can move your bitcoins ...
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Only top scored, non community-wiki answers of a minimum length are eligible