> A digital currency that replaces fiat currencies as a medium exchange cannot have a fixed supply. In fact, central banks, like the Federal Reserve, might even create their own cryptocurrencies but ones that are designed to optimize economic growth. It will probably need to have constant money supply growth and preferably money supply growth that matches economic needs and not some algorithm’s hard, mathematical constraint.
Finally someone acknowledges this reality. I've brought this up multiple times in Bitcoin discussions and never heard one good argument to backup the claims that Bitcoin can became a mainstream p2p fiat replacement for the masses all while having a 21 million coin limit.
Finally someone acknowledges this reality. I've brought this up multiple times in Bitcoin discussions and never heard one good argument to backup the claims that Bitcoin can became a mainstream p2p fiat replacement for the masses all while having a 21 million coin limit.