Man, increasing of cap ≠ inflation.
You need to study finance and how economics work to know that difference.
Thats why most of you are trapped in a concept that you don't understand.
What if i told you Monero is deflationary? Whould you know why?
And what if i told you that a fixed cap coin can be inflationary? Whould you understand why?
An inflationary currency is one that is experiencing a decrease in value due to an increase in the money supply. That is the definition.
That would only apply if the world doesn't expande in therms of products and services availble and if the birth rate is the same as the death rate.
If you have a decrease in products and services available and the death rate be higher than the birth rate it would make your fixed cap coin inflationary.
As i said before, increasing supply doesn't mean inflation, it only means inflation if you increase supply more then the increased productivity my friend.
That's the trap that BTC maxis fall, and that's why Monero as Bitcoin is deflationary.
As far i can see Bitcoin Maxis doesn't know why increasing of supply ≠ inflation..
You should study a little more about economics and finance before you talk.
One reason for the system trap you is that you don't know even the basics of economics and the worst of the problem is that you think you do.
#nostr
#bitcoin
#monero
#finance
#economics
