Post
Topic
Board Altcoin Discussion
Re: Inflationary crypto coin?
by
neveryoumindwho
on 05/06/2013, 13:00:37 UTC
Let's face it. Humans reproduce, economies grow, and currencies need to inflate in order to keep up.

Is there a crypto coin which has some idea of inflation built into it?

I have studied economics for years and I see no reason why inflating the currency is necessary.  Do you?

All world's currencies are inflationary and all economists that I have ever heard say inflation is a necessary thing so I guess there must be a good reason.

One thing I can think of is that deflationary currencies discourage economic activity and encourage hoarding.  That doesn't seem like the best thing for a currency.