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> I would like to see a game that tests the gold standard approach. Bitcoin is that experiment, but in the real world. After ~2021, the inflation rate will be
by runeks 10y ago
> I would like to see a game that tests the gold standard approach.
Bitcoin is that experiment, but in the real world. After ~2021, the inflation rate will be less than 1.8% p.a. [1]. I believe the stock-to-flow ratio of gold is around 1% (its stock/supply increases around 1% per year). So they will be pretty similar in that regard in ~5 years, and in addition, we won't need to worry about whether our experiment actually reflects real-world conditions, as opposed to with a game.
[1] https://en.bitcoin.it/wiki/Controlled_supply https://en.bitcoin.it/wiki/Controlled_supply