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> The ideal currency has a constant, predictable 2-4% inflation to promote the velocity of money and prevent stagnation. While a constant 1-2% inflation may be
by tromp 2y ago
> The ideal currency has a constant, predictable 2-4% inflation to promote the velocity of money and prevent stagnation.
While a constant 1-2% inflation may be ideal for fiat currency, I think a cryptocurrency should have the simplest and fairest possible emission model of a fixed yearly supply. This gives an inflation rate after n years of 1/n, making the currency disinflationary. While it takes 50 years to get inflation down to 2% this avoids the wealth concentration seen in nearly all existing cryptocurrencies that vastly tip the emission to the first few years.