5 reasons why Monero inflation is not comparable to fiat inflation

1. Monero employs a fixed tail emission (0.3 XMR per block) after reaching about 18.3M moneros, creating a linear increase that trends near 0% inflation over time.[1] Fiat does not have such limits, and can be infinitely printed, depending on what the government says. XMR is easier to predict than fiat currencies.

2. Mining of XMR is completely decentralized, meaning no single entity controls production. Fiat is typically printed and controlled by a government, Ex. FRNs in the U.S.

3. XMR's inflation stays as close to 0% as possible and is therefore fairly consistent. On the other hand, fiat is often subject to inconsistent change through factors such as public policy.

4. XMR's indefinite supply is set offset factors such as lost coins from forgotten keys/addresses, while also maintaining an incentive for mining to continue, insuring the network remains active.[2] Fiat can collapse easily from weak governments, and there is no real incentive to keep printing.

5. XMR can be planned years in advance due to linear tail emission.[3] This means there is no sudden concern of wealth transfer when it comes to value of currency like there is with fiat.

[1] https://www.getmonero.org/get-started/faq/#tail-emission

[2] https://www.getmonero.org/get-started/faq/#max-supply

[3] https://localmonero.co/knowledge/monero-better-store-of-value?language=en

#Agorism #Libertarian #Antistate #Monero #XMR #TailEmission #Inflation #Fiat #Decentralization #DeFi

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I don't really have any interest in Monero, but is anyone really claiming that it's problem is that it has a "non fixed" supply? That has never been an issue for me. Same goes for supply issuance on Doge

Most people think that all inflation is equal, when it isn't. Any kind of currency can experience inflation, some just experience it worse than others, i.e fiat currencies like FRNs. Even things with intrinsic value like gold and silver have been prone to inflation in the past. https://www.perplexity.ai/search/have-gold-and-silver-experienc-g7G.JMlkThCrgfPK0.Utig

Yeah I agree, I think perfectly predictable inflation is fine to some extent.

Bitcoin and Monero are probably the two currencies that will experience inflation the least simply because they have been programmed to do so, unlike everything else that has became reliant on human error.

Why don't you get brave and tell me Kanzan🙄

theres nothing wrong with tail emission.

a fixed cap on the number of monetary units is stupid.

this is why I asked Skip

nostr:nevent1qqsx9sg65z5zacx9sg090fdfrdu0eclegvs2mdl2efwqyzuxpm2g0hgpzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtczypgvdn3wd88shtmek5jg3vsyrrz2d7w200g2ce2tgcjdtsp9eatakqcyqqqqqqgvrnc02

1 btc = 1 btc

If you are ok with tail emissions then GL and HFSP.

penetrating insight as always Skip

obviously you dont

its why your takes are half-baked

I just don't want to waste much time arguing with an idiot

there's a difference between useless argument

and just copping out and saying nothing

you're doing the second thing.

The second you resort to name-calling is the second you lost the debate.

I don't think a fixed cap is stupid, but I also don't think tail emissions is stupid either

There is an argument to be made that they are simply different trade-offs.

But on deeper consideration a fixed number of monetary units end up incentivizing SOV

If lightning can achieve similar levels of privacy to Monero.....do we still need Monero?

Perhaps if self-custodial LN UX improves without sacrificing privacy. But even then there are still other arguments for Monero (decentralization from ASIC-resistant mining, future blockchain security from tail emission, scalability from dynamic blocksize, better privacy of L2s built on an encrypted blockchain, etc)

Slight correction:

The tail emmision is 0.6 XMR per block or 0.3 XMR per minute (and not 0.3 per block).

Thank you!