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It is, until the speculators understand that this has been severely discouraged in the economic model, and then it will have a liquidity problem. There is a ca
by jarodym 8y ago
It is, until the speculators understand that this has been severely discouraged in the economic model, and then it will have a liquidity problem.
There is a cascading effect from modeling out speculation that they do acknowledge and don’t care about.
That is called vision.
And delusion.
But I said the same thing about bitcoin being stupid in 2009 here.
- rictic 8y ago> severely discouraged in the economic model Do you mean the fact that there's a fixed continuous rate of new coin production? Because as they point out in the Grin for Bitcoiners page that's still a continuously decreasing inflation rate (as a percentage of all coins).