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Replying to Avatar pookiebear

Yes, monero is inflationary.

But a deflationary currency could be a bad currency aswell!

My point is that what really matters is the control and consensus over the inflation/deflation:

-Tail emissions are fixed, and provide a stable incentive for miners (who are really needed right now by the way)

-Halving cycles drove most of bitcoin's value throughout the years

-Yet if a currency was hyperdeflationary (supply caps too quickly), there would be no incentive to mine.

-Of course a hyperinflationary currency would be worthless in no time aswell

What motivated Satoshi Nakamoto to create bitcoin in the first place was seeing how feds could print dollars out of nowhere, without consensus, and repeatedly breaking their own 'fixed inflation' promises.

Both in Monero and Bitcoin, the printing cycle was agreed upon before mining. Arguing Monero is worthless because of inflation is missing the point.

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Jean-David Bar 2mo ago

Have you heard of the relative theory pf money? Best consideration I have seen so far about how to make a fair inflation across space and time.

https://en.trm.creationmonetaire.info/

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pookiebear 2mo ago

oop forgot to comment i'll take a lool

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