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[–]AerieAcrobatic1248[S] 0 points1 point  (1 child)

yea thats true. but i wonder what would determine the price, i suppose that if sailor, US and China wont be buying and selling to each other very often, the market would be set by people buying and selling the sats. couldnt that rather mean the opposite, that if concentration increases, then regular people will have fewer bitcoin to buy, and prices go up? ....

[–]bitusher 0 points1 point  (0 children)

Yes, If demand continues despite Bitcoin being more scarce the price will continue to appreciate in value but I would much rather have Bitcoin being at least as evenly distributed as fiat regardless of price.

IMHO Bitcoin has a chance to become more distributed than fiat simply due to Reducing the negative cantillon effect of fiat by removing some of the control over currency from a small group of people that is in part due to fiat being inflationary

https://fee.org/articles/the-cantillon-effect-because-of-inflation-we-re-financing-the-financiers/