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> Cryptocurrencies, in general, are not in fixed supply. Cryptocurrencies, in general, are not all valued the same. And why stop at crypto—surely the same reas
by nybble41 5y ago
> Cryptocurrencies, in general, are not in fixed supply.
Cryptocurrencies, in general, are not all valued the same. And why stop at crypto—surely the same reasoning would apply to USD supply inflation, if you're just going to lump all (crypto-)currencies together as a single good?
Sure, you can introduce new types of coins or massively inflate the ones which don't have a fixed supply, but that doesn't impact (for example) the limited supply of bitcoins. The overall effect is mainly just to devalue the inflated coins relative to other currencies.