Can you explain how inflation would “tend” towards zero if there is no maximum supply? I’m asking in earnest.
Reasons to use Monero:
- #Monero in its technology is focused on privacy.
In a world that is increasingly being watched by #governments and #corporations (Big Techs),
it's good to have financial #privacy , while many want to invade your #financial life.
Unlike #Bitcoin, which is a pseudo-anonymous cryptocurrency with an open blockchain,
in the Monero system nobody knows how often you use it, spend it or have it.
In short, whether you're rich or not, nobody needs to know what you do with your Monero, because its blockchain is private.
- Low fees.
- Inflation always tends towards zero.
- Monero is fungible.
- Monero has no maximum supply.
- Easy to mine, any ordinary computer/mobile phone can mine Monero, resulting in more #decentralisation
, processing requirements are low, avoiding a market of miners.
- Easy to use, it's simple to use, everything works on the first layer, I recommend the Digital Wallet:
Cake Wallet
- Monero even after delisting on Exchanges
is still strong and active, showing that people continue to use it because they want PRIVACY.
- Monero has an award from the US government to be cracked and to date they have never succeeded.
- Monero is focused on privacy, not price like Bitcoin, and is more stable than fiat money and other cryptocurrencies.
Thanks for reading!
If you want to buy Monero you can contact me privately here on Nostr.
Donate to Support Me!
Donation link on crear net with any cryptocurrency:
Donation link on the Tor Network with any cryptocurrency:
If you want to #donate monero directly:
8Av5ivYx7zJ6aE5YXEHteYHb6b8tq5piM7QzZbFkduipdxrnfnpucwPVFqwM4RpDNnMiV2NGyi7U65EnRthMHpv171jZCPC
Sources: https://web.getmonero.org/
https://coinmarketcap.com/pt-br/currencies/monero/
Text originally published in Portuguese:
Discussion
0.6 is rewarded to miners for each block.
If you look at the ratio between ratio:total supply, i. E., 0.6 reward to total supply, the ratio shrinks.
So compare the result of these examples:
0.6/20,000,000
Vs.
0.6/25,000,000
Vs.
0.6/30,000,000
Inflation shrinks but Max supply is still uncapped to incentivize mining
It's like nostr:nprofile1qqsxc9h34kzr3jy3usa009yk283m67lnuwdpf7xpc76clrdlv4vy4jspzdmhxue69uhhqatjwpkx2urpvuhx2ue03emv67 explained,
I've collected information that explains it better in other words (note, English is not my native language):
"It increases by a fixed amount of coins every emission not a percentage. This means circulating supply will effectively reach a point where emission is offset by lost coins making circulating supply limited in practice." - XxlegitfoodreviewxX
"Yes, because there will be more and more coins, more coins will be lost, effectively striking an equilibrium between lost coins and new generating ones. At a certain point the number of coins accessible will remain a stable value, ensuring that no deflation occurs but also no or very very very low inflation (<0.1% per year)." - Creepy-Rest-9068
Source:
https://www.reddit.com/r/Monero/comments/1he6otc/limits/?show=original
