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This entire debate is a great example of how people don't understand math or the idea of inflation. A constant rate of new coins trickling into the currency cr
by dgacmu 13y ago
This entire debate is a great example of how people don't understand math or the idea of inflation. A constant rate of new coins trickling into the currency creates a rate of inflation that decreases over time until it reaches equilibrium with the coins exiting the system. The devs have, intentionally or unintentionally, created a coin whose quantity will become roughly fixed (at a number they can't predict exactly), instead of one that where the supply will diminish over time due to loss (as in Bitcoin).
Perhaps I should know better than to expect reason when it comes to greed, however.
- oafitupa 13y agoUnintentionally. It was a bug, but now dogecoiners are claiming it was designed that way by geniuses, like they always do.