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Re: arizonaminingman post# 51290

Wednesday, 11/28/2018 7:09:46 PM

Wednesday, November 28, 2018 7:09:46 PM

Post# of 186029
The blockchain tech used for tracking food is unrelated to XPR or Bitcoin. we are talking about IBM type block chain stuff.

Unrelated XPR is created and backed by banks. It has an unlimited amount of coins that can be created. The controlling banks can dilute as needed just like the US dollar. Bitcoin inflation rate is fixed I believe at 3% a year now and drops to 1.5 % or something like that next year and keeps falling until all coins are mined and after that the total number is set. Also subtract all the early bitcoin wallets that got deleted. I'm sure there are lots of lost coins. that is why bitcoin will survive and most others will fail. The world is looking for a currency that cannot be diluted like the current US dollar. Even Gold can be devalued if they find a large unlimited undiscovered supply somewhere. Why leave the banks in control? I'll keep my bitcoin. might get some Ripple because the next big bitcoin run will pull that up too. It might last because it is banked backed but might always be tied to the bitcoin standard of the future in my opinion.