The total amount of Bitcoin in the world is fixed, agreed. But the amount of Bitcoin sloshing around that somewhat closed economy would go up, hence the thought there might be local inflation.
Reductio ad absurdum: what if somebody helicoptered in and gave 0.1 Bitcoin to half the residents; would the price of beer at the local bar still be 50 cents?
SomersetBen / Somerset Ben
npub13w…lqpdr
2024-06-19 15:38:18
in reply to nevent1q…cdnn
Author Public Key
npub13wpua43z2d0mmpdd86xv4psnfegyyjx47fp0m0tatnj8y7j0slnqulqpdrPublished at
2024-06-19 15:38:18Event JSON
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