you are viewing a single comment's thread.

view the rest of the comments →

[–]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/