• Mario@liberdon.com
    link
    fedilink
    arrow-up
    4
    ·
    9 months ago

    @tusker @ezchili

    The regular 4% inflation clearly proved over time that is not beneficial. there is an alarming percentage of population which is homeless, and living in foreign houses on high rents.

    Monero has a constant inflation of 1%. Actually less than that due to people that loose coins. I can not say if this is the sweetspot to both help economic growth and social prosperity. Only time can say this. NOT THE ECONOMISTS.

    • Mario@liberdon.com
      link
      fedilink
      arrow-up
      3
      ·
      9 months ago

      @tusker @ezchili

      What I can definitely say is that real assets can be stolen/confiscated from you, therefore, it does not have stable value. Monero on the other side can not be subject to these events. Monero might not be perfect but is the best we have at the moment. Satoshi themselves agree with this.

      • ezchili@iusearchlinux.fyi
        link
        fedilink
        arrow-up
        1
        ·
        edit-2
        9 months ago

        There’s no reason to not have decentralized anonymous currencies with inflation built in. But crypto is dominated by a demand for speculative assets, not currencies, if there was one it would get zero mainstream interest

        Just use fiat and stocks

    • ezchili@iusearchlinux.fyi
      link
      fedilink
      arrow-up
      1
      ·
      edit-2
      9 months ago

      Monero does not have a constant inflation of 1%

      It tends towards 0%, while total value in the economy grows and wallets get lost

      0% would bring deflationary prices everywhere.