Series I · Card 14 of 21 · SATOSHI’S MAILBOX
In this sense, [Bitcoin is] more typical of a precious metal. Instead of the supply changing to keep the value the same, the supply is predetermined and the value changes.
SATOSHI NAKAMOTO · P2P FOUNDATION · 18.02.2009
Turn it over, answer, sign – free, no account.
Source
P2P Foundation forum, “Bitcoin open source implementation of P2P currency”, 18 February 2009 (reply to Sepp Hasslberger)
About the author
Pseudonymous creator of Bitcoin. Published the whitepaper “Bitcoin: A Peer-to-Peer Electronic Cash System” in 2008 and launched the network in 2009. Their identity remains unknown.
About the source
P2P Foundation: a network founded by Michel Bauwens in 2005, where Satoshi introduced Bitcoin in February 2009.
The question on the back
Which do you prefer: a fixed value or a fixed supply?