There are lot of misconceptions and easy expectations about changing bitcoin supply and it is important to understand that any change to the current BTC protocol will lead to a new hard fork and a new name like BCH, BSV and others.  BTC cannot be changed.  BTC will be what it is.

Michael Saylor shared: Unlike everything else, no one can make any more bitcoin.

Community Response:  Maybe so, but they can make an infinite number of altcoins that can do anything Bitcoin can, except in most cases do it better, faster, and cheaper.

Thousands of altcoins already exist, and bitcoin is still the strongest asset in human history. How many more coins need to be created before you realize that they won’t be replaced? A hundred thousand? A million? Someday you will learn.

Bitcoin’s market share is already shrinking. It down to 39.6% and falling. There are almost 17,000 altcoins to choose from and more are being created every day. When are you going to wake up to reality already?

Bitcoin and altcoins aren’t in the same category. That dominance metric is nonsense. BTC cannot be compared with Altcoins.

Bitcoin market share is trending down? It doesn’t matter. The whole Crypto Market Cap is currently just 2T. Bitcoin at 37% of that is about 800B. When Crypto MC hits 20T. Even if Bitcoin Dominance falls to 20%, that’s still 5x of its current price.

Normal 6.25 BTC inflation every block – I think he means the maximum of 21million BTC. If miners decide the rules are different, then will we have more BTC? Wrong, you need to learn more about the mechanics of Bitcoin before you speak. Educate yourself.

It would just take 51% agreement of miners to change the Code, right? Nothing is as fixed and permanent as these BTC maxis make out? There are still possibilities to make more bitcoin; however, that will lead to a hard fork. More BTC will kill the scarcity factor. And any change to the existing protocol will lead to a fork and nothing else.  That is unique about BTC and also contributes to its standing power.  Strictly, by the current protocol.

Yes, any group with interest in “changing the supply” will have to produce the power equal to the whole bitcoin network and should keep it running as Infinitum.

Not running to the Infinitum, they just need to create a single misleading block to change the blockchain It would be 51% in less than 10 mins! This will only lead to a hard fork.  That is unique about Bitcoin.  Miners can change consensus, but when a new kind of consensus is created it will be a hard fork with a new name.  When the rule change it is not BTC anymore.

We assign a high value to gold because it took a long time and a lot of energy to create. Bitcoin is getting stronger and stronger with each passing day due to the high quality of the white paper.