Hacker News Reader

But not that far fetched in 2024, Bitcoin limits the total amount of coins. I'd think at a certain amount of money, probably a significant part is likely idleling (and not adding to economy) or not in full control of the owner.

View on HN

The sole purpose of limiting coins was to create an asset with increasing value.

No, to stop inflation

Yes, by creating a limited amount of assets with increasing value, thus resulting in deflation. That's what I said.

Reply on news.ycombinator.com