gold, page-84370

  1. 4,788 Posts.
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    Ok, this is where you are wrong. Have a look at how much currency has been printed just recently. This erodes the value of each and every dollar in your account. There has not been a single currency in the history of man that has survived debasing the currency. Looking at the M1 money supply in Australia, in just the last 25 years it has gone from ~$100 Billion to $1300 Billion.
    This is my main concern about bitcoin, I appreciate the fact that there is only 21 million coins, but as soon as they create another bitcoin 2.0 then that 21 million becomes 42 million, rinse and repeat, who decides what coins to use?
 
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