The team is infected with this misguided sense of "fairness" or similar garbage ideals. You can see the manifestation of this idiocy in Monero's emission. Among the worst I've ever seen. Instead of releasing quickly, and thus having low inflation, Monero releases over about 4 years, dramatically limiting returns.
The developers don't realize that very few people make investment decisions based on emission schedules.
The developers don't realize that very few people make investment decisions based on emission schedules.
Maybe some people were too lazy to answer or simply do not get it. Emission is not just important regarding fairness, but has serious implications regarding economic mechanisms: the problem with instamines or also proof of stake is that certain qualities of money like commodities do not work: economic network effects as well as power law do not work properly when the initial distribution is set in stone, or quasi set in stone.
with the inflation hefty emission of monero you at least open the possibility for these mechanism - you have to make sure that your cryptocurrency project does not become a club good
