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A comment on Bitcoin Hash Rate Rapidly Growing Despite Price. Parent comment

Re:Bitcoin Hash Rate Rapidly Growing Despite Price by drexlspivey on Friday July 13, 2018 @02:25PM (#17525434)
Bitcoin is inflationary too and it pays zero interest.
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Re:Bitcoin Hash Rate Rapidly Growing Despite Price by bufferoverflow on Friday July 13, 2018 @02:40PM (#17525581)
Bitcoin is not monetarily inflationary. (and definitely not price inflationary, long term). Its limit is known well ahead of time. The distribution is spread over time, by design. But the number of bitcoins is mathematically capped.
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Re:Bitcoin Hash Rate Rapidly Growing Despite Price by cesarb on Friday July 13, 2018 @04:09PM (#17526258)
> But the number of bitcoins is mathematically capped.

The number of bitcoins is capped at a distant future date; but in the present, it continually increases. This is similar to how a curved Earth can appear to be locally flat. For now and for many years to come, the supply of bitcoins does inflate constantly.

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Re:Bitcoin Hash Rate Rapidly Growing Despite Price by JumpCrisscross on Friday July 13, 2018 @04:16PM (#17526319)
> the supply of bitcoins does inflate constantly

Inflation is a measure on prices, not money supply. Bitcoin’s money supply is increasing. It is, on average, deflationary.

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Re:Bitcoin Hash Rate Rapidly Growing Despite Price by tempestn on Friday July 13, 2018 @04:36PM (#17526474)
In what way is Bitcoin inflationary?
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Re:Bitcoin Hash Rate Rapidly Growing Despite Price by fanpuns on Friday July 13, 2018 @02:44PM (#17525613)
Bitcoin is a deflationary currency.
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