Circles provides unlimited token issuance based on a fixed hourly distribution schedule, mitigating wealth concentration and systemic advantages often associated with early adopters in Bitcoin’s mining-driven token issuance model
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While Bitcoin hardcodes its monetary supply but allows anyone to compete to mint tokens, Circles hardcodes the distribution cycle but allows for an unlimited supply, a move Köppelmann sees as fairer. This also means that people might be willing to spend their tokens, rather than speculating on their increasing price, because everyone is guaranteed an income.
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