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I strongly disagree. First of all, whether it's 14.5 coins per day or 14,500 or 14.5M or 14.5B doesn't matter at all, since it's just arbitrary scaling (just li
by tromp 4y ago
I strongly disagree. First of all, whether it's 14.5 coins per day or 14,500 or 14.5M or 14.5B doesn't matter at all, since it's just arbitrary scaling (just like how each bitcoin is really 100B satoshi). Secondly, a fixed block subsidy is an entirely reasonable emission schedule, with yearly supply inflation going down at a steady rate, taking 2 decades to drop down to 5% (better than fiat this year), and taking 5 decades to be the 2% that fiat aims for.
In fact, there's one serious cryptocurrency that chose exactly such an emission, averaging one coin per second forever. It's the only coin that doesn't have the current generation hog the majority of (soft [1]) total supply...
[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...
- joshjdr 4y agoThis comment looks like a lawsuit waiting to happen!
- randomhodler84 4y ago100M sats per BTC my dude