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Thank you for your explanation. I'd seen your supply chart, but I somehow never caught that Dogecoin is only trying to inflate in terms of absolute number of co
by blotter_paper 7y ago
Thank you for your explanation. I'd seen your supply chart, but I somehow never caught that Dogecoin is only trying to inflate in terms of absolute number of coins. I guess I assumed they had a system that was roughly equivalent to some percentage inflation. Given this difference your experiment does seem interesting to me, and I wish you the best of luck!
As a side note, I dunno what to think about inflation v.s. deflation. My best guess is that those are different assets, we want both, and long blocktimes are more tolerable in deflationary stores of value than they are in inflationary currencies.
- dnprock 7y agoThanks! I think Bitflate can become a coin for transaction use case. It departs from the Store of Value narrative. Follow us on Twitter for updates. :)