Well, this is not a hyper inflation. At 10 years maximum amonut of coins that can be generated is 6307200. To be exact, assuming you 60 seconds block time it is 630720 per year. You guys assume the btc value per coin is more important than it's marketcap. Well, you are wrong. For example the marketcap of 8bit is $ 10,865 right now. If the price stays stable it will be 5x more. I think you are rather worried to get off your stash as soon as possible than thinking the future of the coin because 6.3 million coins in 10 years is nothing.
Please refer to price vs. marketcap.
If you want to raise this coin's value you should be more worried about marketing it, creating innonative ways of using it etc. The inflation is just fine for a hipos cryptocurrency.
Remember, a smaller piece of something is worth much more than a larger piece of nothing.
Please refer to price vs. marketcap.
If you want to raise this coin's value you should be more worried about marketing it, creating innonative ways of using it etc. The inflation is just fine for a hipos cryptocurrency.
HiPos is the problem.
Scarcity creates demand. Simple economics. There will never be scarcity at this rate of inflation.
What if someone discovered a way to efficiently turn lead into gold? Gold would be next to worthless, except in electronics.
I like the idea of static PoS rewards. But this is just out of control.
+1