Re:U.S. Feds Seized Nearly $1B in Bitcoin from Wallet Linked...
by dcolkitt on Thursday November 05, 2020 @02:12PM
(#25000991)
Yeah, let's burn these bad coins, thus reducing the supply and raising the net worth of everyone who invested in them. That'll really teach people for using Monero!
[ Parent
| on HN ]
Re:U.S. Feds Seized Nearly $1B in Bitcoin from Wallet Linked...
by dredmorbius on Thursday November 05, 2020 @08:44PM
(#25004056)
Asset inflation is less useful for currency.
Though it's unclear still what Bitcoin's principle role is. If it's more an asset, then yes, destroying coins is a benefit to current holders.