Tim Knowles
Jan 20, 2025

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So, if after a while nobody wanted to trade Bitcoins, those people holding those 21 million Bitcoins would be stuck with something almost worthless. You see, if the U.S. Dollar's value seemed to be dropping too much the central bank the Fed could do like it is doing now and just take dollars out of the market making dollars less abundant, reducing inflation.

It would seem that it is good that a store of value and a medium of exchange has a variable supply.

TEK

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Tim Knowles
Tim Knowles

Written by Tim Knowles

Worked in our nations space programs for more than 40 years

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