The Pomp Letter
The Pomp Letter
The Advantage of Programmatic Monetary Supply
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The Advantage of Programmatic Monetary Supply

To investors,

One of the reasons that I am drawn to Bitcoin is that the monetary policy is programmatic. The creation of new bitcoin is written in software code and anyone can audit the code at any time. The only way that the code can be changed is if more than 50% of people agree on the change, which at this point would be a herculean task to undertake …

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