That's correct, and this person's insistence on using the word "inflation" when he should be using "issuance" is only confusing to people who are just learning about bitcoin.
This is why we make a clear distinction between the two, because the inflation of gold and fiat currencies and the issuance of bitcoin are completely different.
Using the word inflation for the the issuance of bitcoin up to the 21 million cap is misleading and confusing.
BitcoinStu
npub1ua…dx9cn
2024-08-17 11:37:06
in reply to nevent1q…85ad
Author Public Key
npub1uavkq2z6vqczd772ple0p0k44ncjcxv5lg4sq6r069aagvra47uq2dx9cnPublished at
2024-08-17 11:37:06Event JSON
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"content": "That's correct, and this person's insistence on using the word \"inflation\" when he should be using \"issuance\" is only confusing to people who are just learning about bitcoin.\n\nThis is why we make a clear distinction between the two, because the inflation of gold and fiat currencies and the issuance of bitcoin are completely different.\n\nUsing the word inflation for the the issuance of bitcoin up to the 21 million cap is misleading and confusing.",
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