∞ / (21M - L) is how to accurately measure Bitcoin.
There’s a fundamental misunderstanding of its supply. It’s not a limited supply of 21M, it’s a declining supply from 21M.
No more than 21M will ever be made, but that means the coins that are lost (L) forever, are never replaced.
This means Bitcoin isn’t deflationary, it’s hyper-deflationary. Everything doesn’t get cheaper measured against Bitcoin, everything gets much cheaper.
∞ / (21M - L)
Adam
npub17l…88t66
2025-03-21 02:27:46
Author Public Key
npub17lm4jpjrstzawtj6sya4rhja26776uxf9wesgkaet8ddrhlwuk8s388t66Published at
2025-03-21 02:27:46Event JSON
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"pubkey": "f7f759064382c5d72e5a813b51de5d56bded70c92bb3045bb959dad1dfeee58f",
"created_at": 1742524066,
"kind": 1,
"tags": [],
"content": " ∞ / (21M - L) is how to accurately measure Bitcoin.\n\nThere’s a fundamental misunderstanding of its supply. It’s not a limited supply of 21M, it’s a declining supply from 21M. \n\nNo more than 21M will ever be made, but that means the coins that are lost (L) forever, are never replaced. \n\nThis means Bitcoin isn’t deflationary, it’s hyper-deflationary. Everything doesn’t get cheaper measured against Bitcoin, everything gets much cheaper.\n\n ∞ / (21M - L)",
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}