Sound money that can be inflated or frozen by decree is not sound money. Bitcoin builds monetary discipline and resistance into the same architecture.
Every full node validates blocks against the rules its operator chose to run. A block that breaks those rules is rejected on the spot, and a miner who tries to inflate supply finds no exchange running standard rules will accept payments on the chain that extends from it. When China banned mining in 2021, hash rate recovered within months.
Every full node validates blocks against the rules its operator chose to run. A block that breaks those rules is rejected on the spot, and a miner who tries to inflate supply finds no exchange running standard rules will accept payments on the chain that extends from it. When China banned mining in 2021, hash rate recovered within months.
