But are we sure the maths behind Satoshi's "formula" is robust for the next 100+ years?
The truth is we are not. The ones who say they are sure are either lying or don't really understand it.
Although we are not sure, there is a high degree of confidence that it will work in the future.
To paraphrase Half Finney:
Every day that goes by and Bitcoin hasn't collapsed due to legal or technical problems, that brings new information to the market. It increases the chance of Bitcoin's eventual success [...]
This can also be seen as a manifestation of the Lindy Effect.
The truth is we are not. The ones who say they are sure are either lying or don't really understand it.
Although we are not sure, there is a high degree of confidence that it will work in the future.
To paraphrase Half Finney:
This can also be seen as a manifestation of the Lindy Effect.