Bitcoin can also be consider as an edge against inflation and this is among the reason for it limited total circulating supply while our fiat is somewhat unlimited that's government can print as much as they want, it's not similar in the Bitcoin Network. While many bitcoins has been lost sadly and the price continue to surge with time, it's inevitable that there will be earlier investors of it while it may seems like we are late in our investment on bitcoin when comparing ourselves with the earlier investors of like a decade ago, in like a decade for now we will also be consider an early investors and many would have which to be in this era and invest in bitcoin.
While may not be able to get relatively as many quantity of bitcoin(s) like those before us the amount we can afford now will also seems way bigger for the future investors. This is to show that bitcoin price wait for no one, even if the total circulation is removed or reduced the price won't wait for anyone and others in the future will still also speak of this challenges and so what matters is getting as much as we can now and HODLing till then just continue stacking up and as many as you can, thank God we have DCA strategy which is cost effective for all.
Topic: Imagine say you fit rewrite bitcoin script (Read 42 times)
I just sit down the question come enter my head. As I dey reason am one answer come pop out and come say make I share am so that I fit hear wetin others go say way go help me rethink my own answer. I know say we no fit rewrite anything but the aim of this thread na just to expand person knowledge on how currency dey work.
Wetin my own head tell me be say if I get the chance na to rewrite the script wey limit the total supply of bitcoin wey go ever dey in existence. My reason be say so many coins done loss and more go still loss due to misplacement of private key. And this go cause very heavy inflation as demand go high pass supply. Although na good thing for those wey get the coin but e go be like bad thing for those wey no go fit afford to buy enough
Wetin u self think?
Wetin my own head tell me be say if I get the chance na to rewrite the script wey limit the total supply of bitcoin wey go ever dey in existence. My reason be say so many coins done loss and more go still loss due to misplacement of private key. And this go cause very heavy inflation as demand go high pass supply. Although na good thing for those wey get the coin but e go be like bad thing for those wey no go fit afford to buy enough
Wetin u self think?
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