[Gettingolderev]

Bitcoin supply is fixed, the denominator is not.

If i invested into bitcoin 10 years ago, my $1000 are now worth (i don't want to calculate it) like $1000000.

So if someone else now wants to invest into bitcoin today, they have to accept that the old people have a tremendes financial advantage to this. The spread is a lot.

And no its not the same as investing into a company.

This will lead to rich people not investing into bitcoins because their return value is getting smaller and smaller.

Because the new bitcoin numbers are getting less and less through halfing, this effect gets stronger and stronger.

Bitcoin is hard limited on how much bitcoin exists while the normal fiat world creates new money based on humans and work capacity we have through a complex system. Bitcoin has not solved this problem. You can't lent bitcoins, create value and return this amount as an addition to the whole amount of bitcoins to represent this value.

[chgs]

The supply is not fixed, it reduces every day when people lose their keys, hence its deflationary

[Gettingolderev]

Sure if we want to account for that, but that makes the effect, i mentioned, even stronger and faster.