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RE: Did Satoshi Create an Inferior Asset on Purpose?

in LeoFinance3 years ago

You didn´t explain why non-inflation is bad, other than "The deflationary nature is perfect for them to constantly buy up the supply and own it forever, using it as leverage for debt".
What´s preventing anybody to buy Bitcoin too? In fact, what if currently >50% of the BTCs out there are in fact NOT owned by "them" but but by nobodies including you and me? Or who knows, maybe it is even 90%. It is a free market (unlike with Fiat). If "they" would buy up all the supply, wouldn´t then the price go up so massively that "they" would make all the nobodies rich? What´s so bad with that?