The main story of crypto currency is: "We have found a new way to print money and keep some of it". I wonder how much of the economy is like this.
But there is no upper limit to the value of bitcoin, only a guarantee that the number of new coins does not outrun demand.
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Why should there be an upper limit on the value of bitcoin? The important guarantee is that there will be a fixed number of coins, irrespective of demand. Bitcoin is the first money to have this property, to have absolutely no supply response to demand changes.
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I was not criticizing bitcoin or questioning its mechanism. I was just pointing at a thing.
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