Transaction

87b2e2a4efbb0019b5964a87c97f1b2e1f03fd7c2d02240bdc38c7c1f0fcfec8
Timestamp (utc)
2024-03-27 20:52:08
Fee Paid
0.00000018 BSV
(
0.00699525 BSV
-
0.00699507 BSV
)
Fee Rate
10.05 sat/KB
Version
1
Confirmations
96,329
Size Stats
1,791 B

2 Outputs

Total Output:
0.00699507 BSV
  • j"1LAnZuoQdcKCkpDBKQMCgziGMoPC4VQUckM<div class="post"><div class="quoteheader"><a href="https://bitcointalk.org/index.php?topic=286.msg2627#msg2627">Quote from: TopSoil on July 13, 2010, 07:43:01 PM</a></div><div class="quote">3) I know the number is really 21million*10^8 or whatever. But that is still fixed and the size of the bitcoin economy (hopefully) isn't fixed. The idea is that it will grow right? So that means that the value of bitcoins will have to change over time which isn't ideal. A currency that has 0 inflation/deflation is the most ideal right?<br/></div><br/>I think we need to be clear to separate inflation/deflation from supply/demand.<br/><br/><div class="quoteheader"><a href="https://bitcointalk.org/index.php?topic=286.msg2627#msg2627">Quote from: TopSoil on July 13, 2010, 07:43:01 PM</a></div><div class="quote">So that means that the value of bitcoins will have to change over time which isn't ideal.<br/></div><br/>What is the value of bitcoin? It has value only in that people perceive that it has value (the same as any fiat currency). Perceptions change all the time. If you want to see how this plays out look at the currency exchange market today. The value of bitcoin will float over time as supply and demand for it ebbs and flows. The important point is that the supply is fixed (once most of the coins are in circulation) and this serves to protect the value of bitcoin. Inflation erodes the value of currency and punishes savers; its a type of tax.<br/><br/>Perhaps this thread would be more appropriate in the economics forum.</div> text/html
    https://whatsonchain.com/tx/87b2e2a4efbb0019b5964a87c97f1b2e1f03fd7c2d02240bdc38c7c1f0fcfec8