BitcoinIslandPH on Nostr: 5) The limited supply of bitcoins is important because it makes the currency ...
5) The limited supply of bitcoins is important because it makes the currency deflationary, meaning that its value is expected to increase over time.
This is in contrast to fiat currencies, which are inflationary and lose value over time.
Published at
2023-02-17 01:41:55Event JSON
{
"id": "299bad8a0318e968c7317ae1bf6a80e1b6edd5f04f09d25800b1e0a8b5a500a8",
"pubkey": "b4ab403c8215e0606f11be21670126a501d85ea2027b6d15bf4b54c3236d0994",
"created_at": 1676598115,
"kind": 1,
"tags": [
[
"e",
"e1f881a4cc23e0a8030ad72ca83e82d1e247f65865cae1848c8f047fde116a9d",
"wss://nostr.bitcoiner.social",
"root"
],
[
"p",
"b4ab403c8215e0606f11be21670126a501d85ea2027b6d15bf4b54c3236d0994"
],
[
"e",
"6717af0d0519e3658368dfdfda0e238162ff614bc78875640dfc9c4f61480b79",
"wss://nostr.bitcoiner.social",
"reply"
]
],
"content": "5) The limited supply of bitcoins is important because it makes the currency deflationary, meaning that its value is expected to increase over time.\nThis is in contrast to fiat currencies, which are inflationary and lose value over time.https://media.nostrgram.co/i/fa/media_fa21e06bdee36.jpg",
"sig": "8e81607faa60f88bab2dc79ddf9ba7c7d21c0995e7e0137ea5e92f1ada9cd3eec7b4c9f6c4369a9d57938a9a628e4eff046883b2666d09e58a44fda2757a2c56"
}
