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There is no reason that limited supply need be an inherent mechanism to a crypto currency.
by pmorici 6y ago
There is no reason that limited supply need be an inherent mechanism to a crypto currency.
- itsdsmurrell 6y agoYeah, I'm sure people would be happy to transact in a crypto with 1000% inflation \s
- pmorici 6y agoHistorically people have been willing to use currencies with inflation like the US Dollar. The point is that any government could build a out a crypto version of their currency if they so wished and have the same inflation policies they use with paper money. The crypto part doesn't imply a specific monetary policy. Crypto just means you can use it peer to peer over the Internet without an intermediary.
- brianobush 6y agoNot all coins have limited supply, e.g., Ethereum does not.