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Also I should point out that whilst there are in theory only ever 21M Bitcoins that could ever exist in the BTC currency, the so-called "appreciation" is actually diluting the currency. The value of 1 BTC goes up against fiat currency because of the limited supply. I'm not sure what will happen if/when a) BTC crashes entirely or 2) BTC reaches that 21M limit 🤔
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@prologic@twtxt.net I’m not sure what your definition of diluting is here. As I understand it, dilution means that something is losing value, not gaining.