Replying to Avatar Saberhagen The Nameless

I'm still not convinced. In any other market situation, I'm sure everyone here would agree that an increase in supply floating around + same demand = tendency for price to fall. It's the law of supply and demand. I think this is just mental gynmnastics to make a special exception for Bitcoin. So either you think Monero AND Bitcoin mining is inflationary for now (until the day block subsidy ends), or neither of them are.

But I like that I have options that make different trade-offs like you said
Avatar
OceanSlim 9mo ago

But the supply doesn't increase. That's the simple economics of it. If Bitcoin inflated, it's purchasing power would decline, just like you say, just like XMR... But Bitcoin is going up forever. Until you understand that, you'll keep 💩 coining.

Reply to this note

Please Login to reply.

Discussion

Avatar
Saberhagen The Nameless 9mo ago

But the circulating supply is always increasing. There is more and more to go around which affects the value for everyone that currently holds any. That's inflation.