Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
smooth
on 30/05/2015, 20:32:25 UTC
Also, I know Monero has adaptive block size. I was commenting that Monero still needs to hard fork to implement permanent inflation rewards, and that maybe MP will be bellyache/troll similar to how he has over increasing bitcoin block size. It's kind of a scarcity issue along the same lines I think.

Interestingly enough here's your answer: http://log.bitcoin-assets.com/?date=27-05-2015#1146160

Worth quoting because I agree with his monetary view. However, I think he is wrong with respect to a proof-of-work cryptocurrency which is not only a financial system but also a device that has the function in a certain way including mining incentives. For the later, a positive rate of inflation is superior.

Quote from: MP
fixed inflation is not fundamentally different from zero inflation just as long as the inflation is known