Ok guys I’m starting to get it…
basically 1 BTC will always be 1/21M. So the proportional value of 1 BTC (once all mined) will always be 1/21M EXACTLY. No deviations, estimates, or counterfeits to account for, just strictly 1/21M. Now I’m not making a claim of economic value I’m strictly speaking in terms of mathematics. 1 BTC has an absolute value compared to all other bitcoins. That’s the amazing part.
Compared to fiat and gold which has fluctuations in supply. There can always be more dollars/gold created (or even destroyed) which will affect the inflated value of your dollar/gold. Basically there is never an exact proportional value to fiat/gold so it will never stop inflating/deflating as it’s baked into the ecosystem. Plus counterfeits, cost of transfer, so on. Just incredibly inefficient at maintaining value (a real number not a “perceived” value).
Isn’t math amazing?
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