Can someone tell me what to say to someone who objects to Solaris because the supply says "unlimited" on the Solaris website?
The person who brought this up to me does have a point because a cryptocoin's value is determined by several things and one of them is scarcity.
If the supply of this coin is going to be inflated in the future, how can you say this is not going to factor into the value of the coin?
Please revolve your answer around the infinite supply issue of this coin. Thanks, G.P.
That I can answer for you. Now Solaris might have an infinite supply however the amount of coins mined each year will only be around 130k XLR which isn't very much. So when Solaris was NIST5 the max supply was 10 million coins, with the new Solaris it will take around 60 years before we even reach the 10 million so in fact Solaris is rare and supply will be limited once more people start running their own masternodes. Solaris is almost at 400 masternodes as we speak locking way close the 50% of the circulating supply. I can see Solaris having 500 masternodes running in the next 3 to 6 months which will make the coin very scarce and in demand. Bring on 2018!