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by qubex 3105 days ago
> bitcoin's fixed limit

That's what makes it unsuitable for being a currency.

> a uniquely closed & conserved system

Nope. Bitcoin may or may not be (lost wallets, as you point out, is one way in which it is not). But the ‘system’ is the economy, because money is moving in and out of bitcoin because it can be exchanged for other assets (goods, services, or other currencies when doing conversions).

So no. I'm not trying to be condescending, I'm just trying to nip this apparently valid but flawed analogy in the bud. The only commonality is the word ‘turbulence’ which is being used as a label for two entirely different phenomena that have some similitude and points of contact but are largely distinct and unrelatable.