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A comment on The Cryptocurrency Industry Is 'On the Brink of an Implosion', Research Says. Parent comment

Re:The Cryptocurrency Industry Is 'On the Brink of an Implos... by fastball on Monday October 15, 2018 @12:07PM (#18220895)
> always inflating

> fixed number of Bitcoins

Don't think he needs to.

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Re:The Cryptocurrency Industry Is 'On the Brink of an Implos... by spectec on Monday October 15, 2018 @12:17PM (#18220994)
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.

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Re:The Cryptocurrency Industry Is 'On the Brink of an Implos... by sincerely on Monday October 15, 2018 @02:21PM (#18222207)
Bitcoin is also worth almost exactly as much as it was worth a year ago.
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Re:The Cryptocurrency Industry Is 'On the Brink of an Implos... by DennisP on Monday October 15, 2018 @12:41PM (#18221244)
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.
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