Quote from: Fuserleer on September 03, 2015, 10:07:49 PM

Quote from: JBC on September 03, 2015, 08:32:31 PM

Quote from: theprofileth on September 02, 2015, 10:54:41 PM

The interest and processing payments are (last I heard) in equal portions meaning they each qualify for 45% of all new emu generated. Furthermore this means that 45% of all new emu created will be given as interest to all account holders based on their portion of the total currency available. This means that while some will probably attempt to short their interest or payments, those who hold will actually be building capital proportional to their holdings.

More precisely the reason why, if this coin does launch, it won't go anywhere. Go all the way back to March 2013 and people then were saying it was a crackpot mechanism.

We can look at the some-300 inflationary coins since 2013, since most copied inflationary PoW or induced a high PoS with an unlimited supply, and they all got drop like a hot potato. Inflation is theft.

No one cares what fancy words you use. At the end of the day eMunie is net inflationary and buyers will stay away once they realize Dan is putting his hand in their pockets.

All this fixation about "supply" and "price" just shows you to be an idiot savant and we already have coins like that out there. NuBits is one but there's been others. I should point out they're approaching the garbage bin capitalization and/or been de-listed from exchanges.

Thats a complete misunderstanding of, well, pretty much everything right there. You have inflationary supply and inflationary value totally mixed up.

Bitcoin itself is inflationary, with regard to the supply, at least until 2140, its the price that is supposed to be deflationary (look how well that has worked for the past 18 months!)

An inflationary supply isn't theft so long as its not taking value from the existing currency in circulation.

If the price of an EMU is $1, and there are 1M in existence, but there is demand for 1M more, if the system does nothing, then the value of an EMU will double. If the system creates 1M more EMU, then the price remains at $1...the currency is then neither inflationary or deflationary with regard to prices, so please explain how that is theft when everyones EMU still has the exact same purchasing power?

I don't care if you are fucking Satoshi. Coming out with lines like inflationary supply isn't theft....a inflationary supply is fucking the definition of theft. Inflation by definition is theft and inflation by definition is increasing the money supply...If we want this system we can use fiat and the FED...dick.

People love to sound smart and say Bitcoin is inflationary but that's a BS argument. Bitcoin has a limited supply.....just like Gold has a limited supply, that's the point. the fact it is in the process of distributing that fixed supply is NOT the point.