Post
Topic
Board Altcoin Discussion
Re: Why IOC is better than IXC, BTC, NMC, LTC
by
brooksby
on 24/12/2013, 03:28:56 UTC
Low inflation means i0coin should hold its value better long term.  Is that the idea?


Inflation can sometimes be ignored short term, under five years, but long term it has a dramatic affect on savings, spending power, and overall wealth.  Almost all government backed currencies loose somewhere around 1% of their value per year due to inflation (continued printing of the currency).  That's around 99% of their value lost every 100 years.  I0coin is comitted to a low inflation strategy to prevent value loss in this way.  The price will still fluctuate up and down, but not due to inflation.