3 ms·
If two coins A and B are the same in every respect except that A emits its capped supply of N coins evenly over 10 years, while B emits its identical capped sup
by tromp 4y ago
If two coins A and B are the same in every respect except that
A emits its capped supply of N coins evenly over 10 years, while B emits
its identical capped supply of N coins evenly over 20 years,
then B's emission rate is half that of A (twice as slow). After 10 years, when A's emission finishes,
A's marketcap will be much higher than that of B, maybe twice as much, since B has only emitted N/2 coins, and A's price should roughly at least that of B.
In other words, a coin's price is determined more by its total supply than by its current supply, to reflect future dilution.