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Re:Jack Dorsey has been buying $10k worth of Bitcoin a week by arcticbull on Thursday March 07, 2019 @04:15PM (#19332529)
Yeah, (a) in totality, Bitcoin is still being mined and therefore inflating, at a rate of 3.81% per annum at the moment meaning the BTC inflation rate today is approximately double the US dollar. Obviously that's slated to change, but it's definitely not true now. It's been inflating massively all these years and yet its' value is still going up; fascinating. Almost like inflation isn't a bad thing?

(b) The effective inflation rate is massively negative because everyone keeps losing their keys. A friend asked me re: Satoshi "If he didn't believe in what he built and the future, why isn't he moving his genesis coins? What kind of man would do that?" My answer was: "the kind of man who lost his keys."

(c) The inflation rate of the crypto space in totality to your point is astronomical, since anyone can just fork a currency, give a few tokens to some promoters/shills/exchanges, get listed, and boom, that's a dump-truck of sweet sweet crypto.

(d) I'd watch the hell out of the Jack Dorsey reality TV series.

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