[jameshsi]

one criticism i've heard of bitcoin is of its independence of influence from monetary policy is also its achilles' heel. there's no mechanism to alter supply subjectively and the global supply is fixed to a logistic curve.

a problem arises where when one loses/destroys their bitcoins, there is not enough counter measure to recover the lost supply. it's like burying treasure with a sealed guarantee that the value of it will be gone forever-- an unsoundly characteristic of any currency with high ambition