Birdwatch Note Rating
2024-10-03 20:26:30 UTC - HELPFUL
Rated by Participant: D267BC3DF325567CCDF4EFA7A0C218AD12A3326B4E4F8D074482482CE38969E9
Participant Details
Original Note:
The presenter fallaciously represents newly created coins as the supply of coins available for exchange. Coins are not destroyed during exchange, but change hands to new holders, increasing supply over time, even at reduced issuance rates, to a maximum of 21 million coins. https://en.bitcoin.it/wiki/Controlled_supply#Projected_Bitcoins_Long_Term
All Note Details