I’m 99.9% against fiat money (buy $1,200 of silver in CAL, skip a hefty tax).
But I need to answer 1 Keynesian claim:
Limiting the money available for capitalization to sound money, puts a cap on investment.
The Answer?
The Answer?
The answer could be all of the other coins (i.e., mediums of exchange) making an appearance on the currency scene. The competition will help to keep Btc in check, price wise, and prevent hording of BTC to some extent, IMO.
In other news:
The Answer?
Money is divisible.
A limit on the upper boundary number of units is not a limit on the value it can represent.