3 BTC in 10 years will worth 3 BTC, if the algorithm's integrity will remain unaltered. not 30 BTC.
Our current mistake is that we still think in the rotten dollar.
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3 BTC in 10 years will worth 3 BTC, if the algorithm's integrity will remain unaltered. not 30 BTC.
Our current mistake is that we still think in the rotten dollar.
Yes it will and it will also be inelastic which most overlook.
So the point still holds. Bitcoin's inelasticity means that it cannot adapt to the changing economic circumstances.
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