"terminal supply" is a mathematical abstraction which doesn't have any bearing on the real world.
The supply of Monero is never infinite. at any point in time it is algorithmically determined.
"terminal supply" is a mathematical abstraction which doesn't have any bearing on the real world.
The supply of Monero is never infinite. at any point in time it is algorithmically determined.
It absolutely has bearing in the real world. Its how you make economic decisions on your sov.
The expected loss of purchasing power from increasing supply is a major component of it
lol no, sorry but that's not really credible.
I'm not saying that it plays zero role in economic calculation, but in our discussion its a blip.
today Monero is inflating slower than Bitcoin is. and it will continue that way until the next having. nobody is looking at that and making their primary economic calculation about that.
an algorithmically determined inflation rate of 0.6% and decreasing every block is a blip.
The only people who are fretting about it are Bitcoin maxis who want to use "21 million only" as a purity test and fail to realize it's bad monetary policy.