It inflates the money supply, reducing the value of the money we already have. I... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

matheusmoreira on April 14, 2021 | parent | context | favorite | on: Bitcoin is a ‘boon for surveillance’, says former ...

It inflates the money supply, reducing the value of the money we already have. Inflation is essentially a tax that gets constantly applied.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact