If you’re new to the Bitcoin space you’ve probably seen this being said (especially during bear markets)…
While fiat currencies are constantly expanding in supply, there will only ever be 21 million Bitcoin.
So while your dollar is losing value as the supply expands, your 1 Bitcoin will remain 1 of only 21 million… and a number have already been ‘lost’ by users.
“Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone.”
— Satoshi Nakamoto
Sure, the price in fiat terms remains volatile (this is a feature, not a bug), but you know with certainty that the Bitcoin you own is part of a finite supply that has historically increased in value over time.
Bitcoin is designed to become harder over time and increase in value, while fiat money is designed to lose value over time as the supply increases.
Both are by design.
Even as demand for Bitcoin increases, the supply remains fixed and your sats won’t be diluted.
We don’t know where a dollar today will be in relation to the supply in 5 years… but we do know that 1 BTC = 0.00000476% of the total supply.
With this knowledge, you can better plan for the future. You also don’t panic when the value in fiat terms goes down, because you still own part of the finite Bitcoin supply.
Maybe you’re working your way towards 1 BTC, or maybe 6.15 BTC is your next goal, either way, we make it easier to stack sound money with a finite supply at FastBitcoins. Remember, you don’t have to buy one whole Bitcoin, you can start your journey by accumulating a fraction of a Bitcoin.