Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SKUNKHASH] Magnatum - Signatum Fork - No Limit - Unique Feature
by
SyrioForElle
on 17/09/2017, 17:49:20 UTC
YOU NEED TO CAP THE COIN

UNLIMITED MARKET CAP IS NOT LEGIT

Wait, why? A stable growing money supply is actually pretty important, or else you have high inflation that depresses economic activity.

This is why all major real life currencies (e.g., US$, Euro, etc.) slowly grow over time, as the economy grows, to provide liquidity for the expanded economic activity.

Assuming that this coin becomes mainstream, a growing supply will help its adoption as it will boost its stability as a coin.