Bitcoin Marketcap
$1.14T
Gold Marketcap
$15.96T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN making the case for bitcoin every day
Bitcoin Marketcap
$1.14T
Gold Marketcap
$15.96T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN making the case for bitcoin every day
23 Aug 2020 | | Price when published: $11,660 (ROI since: +416%)
Filed under: fundamentals blogs
The thing that we call ‘Bitcoin’ cannot suffer an alteration to its supply schedule, because the supply schedule is intrinsic to the protocol, asset, and system. It’s one of the very few features that Satoshi clearly stipulated and encoded in the original design with no ambiguity. And in the eyes of the broader community, the 21m cap is perceived as inherent.
...
There’s simply no ambiguity on the question of whether the supply is essential to Bitcoin. Bitcoin’s supply schedule cannot change, because Bitcoin is the supply schedule. Any alteration produces something that is decidedly non-Bitcoin.
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