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Monero has infinite (but low rate) tail emission, meaning the unlike bitcoin the supply approaches infinity. Unless the basket of goods Monero can purchase als
by quantumBerry 5y ago
Monero has infinite (but low rate) tail emission, meaning the unlike bitcoin the supply approaches infinity. Unless the basket of goods Monero can purchase also goes to infinity, Monero at some point will have inflation.
- akimball 5y agoThe potential (not actual) Monero supply will surpass the Bitcoin supply in 2044. Lost keys may exceed emission, which would imply deflation of actual supply.
- deleted 5y ago[deleted]
- lxgr 5y agoIn most economic models, inflation is not defined as being equivalent to the growth of the monetary base (although that does not stop many Bitcoin and other crypto proponents to claim it is). In fact, a currency with a constant rate of issuance is actually highly deflationary in a growing economy.
- quantumBerry 5y agoHence why I said "Unless the basket of goods Monero can purchase also goes to infinity." I understand the definition of inflation.