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this post was submitted on 27 Jul 2024
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Asklemmy
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It fluctuate vs the Fiat value, not with itsleft. The supply of BTC is determined, not like the printing machines we got now.
Nothing's value fluctuates with itself. Money supply is controlled through interest rates in modern economies because it works better than directly controlling the money supply. Your comment betrays an unsurprising lack of understanding of the most basic concepts of economics. You're just parroting some talking points you've heard from techbros.
No, you think economics is a physical science and it isnt. It works like it does bc its been made to work that way. It could work differently.
Also Bitcoin isn't the only way cryptocurrency could or does work.