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> it is all a scam > The only 'usecase' for all of this is for speculative purposes only. As co-creator of a cryptocurrency that aims for simplicity and elegan
by tromp 4y ago
> it is all a scam
> The only 'usecase' for all of this is for speculative purposes only.
As co-creator of a cryptocurrency that aims for simplicity and elegance, that doesn't financially benefit me in any way, and that happens to strongly discourage speculation, I take issue with this characterization.
- dataangel 4y agohow can speculation be discouraged?
- tromp 4y agoBy a pure linear emission like 1 coin per second forever. That leaves the yearly supply inflation after n years at 1/n, taking a whole century to get it down to 1% [1]. [1] https://john-tromp.medium.com/a-case-for-using-soft-total-supply-1169a188d153 https://john-tromp.medium.com/a-case-for-using-soft-total-su...