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>There are tons and tons of cryptocurrencies that have infinite emission schedules. Doing that doesn't appear to give any competitive advantage over other curre
by BenoitEssiambre 11y ago
>There are tons and tons of cryptocurrencies that have infinite emission schedules. Doing that doesn't appear to give any competitive advantage over other currencies.
This supports the hypothesis that cryptocurrencies are not useful as currencies and people mostly like them for their ponzi investment allure. This would make them not viable in the long run, the digital equivalent of gold but with even less intrinsic fallback value.
- jebeng 11y agoPerhaps, but I don't think too many people are seriously arguing that Bitcoin or any other flavour of it is a serious contender to replace regular currency. Either way, there should still be some utility there if it's possible to have a secure, censorship resistant asset that provides some privacy. Maybe we're not quite there yet, but I don't think the idea is going to go away anytime soon.