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02 December 2020

Everything The Felder Report got wrong about Bitcoin

Everything The Felder Report got wrong about Bitcoin


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“If you put together all the hard forks Bitcoin has undergone since it was first created, the number of total Bitcoins has actually grown faster than the number of dollars,” said Felder.

Coin Metrics co-founder Nic Carter was quick to correct this, stating that "almost everything in this post is wrong" and pointed out that "hard forks did not dilute Bitcoin.".

Part of Felder’s apparent confusion may be due to him stating he relied on an “old school definition” of investments, however the fact is that hard forks do not affect the total Bitcoin supply of 21 million coins

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cointelegraph.com
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