Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Bitcoin is not a deflationary asset yet. It is a disinflationary asset until around year 2140 (with the rate decreasing every ~4 years and trending towards 0, at which point it will be deflationary).

For now its supply still inflates by ~1.7% a year.

Neither you, nor I will live to see that moment when the last bitcoin will be mined (as long as miners keep mining in our lifetime).

Bitcoin exists as an option to a lot of very inflationary assets (currencies which not that long ago almost reached 2 digit inflation rates) and having different kind of assets should be welcomed in my opinion, as it seems like a good way to diversify the risk you can't "straightforwardly measure".

I like to hold at least one asset for which I can almost guarantee a supply/emission won't change... better yet I can trustlessly verify it. If these propositions are not attractive to you or others, they don't have to acquire this asset either, it is completely opt-in, unlike the fiat money which your government forces you to acquire to pay their taxes.



Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: