again, what is the known monetary policy?
Discussion
In the case of BTC, it is continual halvings until the (stupid) hardcap.
monero is 0.6 XMR per block.
both known monetary policy, both with their own tradeoffs.
I appreciate the more precise info.
A hard cap is the necessary ingredient for increased purchasing power and monero does not have that. It cannot work any other way.
It is not a meme. It is a reality.
Moreover and obviously, we are not going to change each other's minds.
Good luck to you and those whom rely on you as put your hard earned energy labor into monero. Time will tell.
meh
standard Dunning-Kruger
gold has been a stable SoV for 2k years *with predictable inflation.
so you are obviously incorrect and just repeating stuff you've heard somewhere else.
moneros supply inflation is lower than golds.
a hard cap is a stupid knee jerk reaction to fiat insanity.
well-meaning but ultimately dumb.
good luck with your digital real estate.
Whoah. I am finally seeing what you monero folks are seeing and it is the hill your are trying to die on...
1. Hard cap is the fucking stupidest idea as it has no bearing on purchasing power
2. What outshines a hard cap is "predictability of the rate and volume of the coin emission" and THAT is the ultimate factor in determining the purchasing power of a digital ledger, which then prompts good economics of supply and demand.
Okay. cool. very cool. so cool. so very cool. so cool. I wish I would have thought of this. this is so cool. very cool.
everything is tradeoffs.
a hard cap is a gamble that a fee market will develop based on transactions to pay for network security.
BTC has maybe 8 more years to get it together.
since most volume we've seen is speculative interest in jpegs, it's not particularly encouraging.
but hey, it could happen.
I am so thankful for your enlightenment. It is the best nostr:npub1lxzaxzge0jq9u9cecucctdt5lslwgp7hcxmp2l0wn8r2ecjenwasu6svxa
np