After reading the article, I get that now, but is there a difference? If there are 1,000,000 bitcoins and you can only use 100,000 of them per day in transactions, then there are only 100,000 bitcoins in supply. I understand there may be more than one bitcoin per transaction, however, the fact remains. The supply of bitcoins, via the ability to use bitcoins to transfer value, is controlled by human beings.
The consequence is identical. Is it not? Perhaps, the consequence is the opposite? If there is no ability to transact with the currency, the currency has no value?
I'm seriously ignorant, you can tell, but I would like to understand. Perhaps my questions can help reveal the answer? If not only to me, then to the community? Is that too scary? The truth? Too scary?
The consequence is identical. Is it not? Perhaps, the consequence is the opposite? If there is no ability to transact with the currency, the currency has no value?
I'm seriously ignorant, you can tell, but I would like to understand. Perhaps my questions can help reveal the answer? If not only to me, then to the community? Is that too scary? The truth? Too scary?