If you like Monero, please consider donating something to Surae to support development: https://forum.getmonero.org/8/funding-required/90730/continued-funding-for-surae-for-another-quarter-september-october-november-2018
Side note for speculators: he's using a 71.88 USD/XMR baseline to be on the safe side during September, October and November
Side note for speculators: he's using a 71.88 USD/XMR baseline to be on the safe side during September, October and November
Is he still using this time to research Spectre?
I have serious reservations about that protocol but I forgot what they were. Doh
Looks like he's on multisig & lightning now.
Thanks.
Is there any good estimation of when, in 2019, the inflation rate of XMR will become inferior to the inflation rate of BTC?
I assume you are asking about the supply rate as it's impossible to foresee the inflation based on demand (or I should re-read Milton Friedman). In that case, here is the answer:
Note the supply rate will be similar from 2019 to 2027. You can read this very interesting reddit post to get more info: https://www.reddit.com/r/Monero/comments/512kwh/useful_for_learning_about_monero_coin_emission/
As Sprirali told you, "it's impossible to foresee the inflation based on demand" but there is a spreadsheet that rptiella made that was pretty accurate if you search this thread you may find it. IIRC Generalize This (don't remember exact spelling) had a copy.
Is there any good estimation of when, in 2019, the inflation rate of XMR will become inferior to the inflation rate of BTC?
You can look here. https://docs.google.com/spreadsheets/d/1qXi7zUSIh7F6UuSuhOryyFbHEy_LJuym3I3neAga_2s/edit?usp=drive_web&ouid=105927644072070760779
It says in about a year.
2019 inflation should be around 4%
2020 inflation should be around 2.4%
While Bitcoins is 3.76% in 2019 and not much less in 2020.
Great link, takes forever to load.
According to that spreadsheet this looks like the day. BTC emits 1800 and XMR Emits 1,798.04.
2019-07-26
Code:
day 3891 17,510,400.00 1,800.00 12.5000 0.01028% 83.38% 1,577.14 day 1926 17,137,453.02 1,798.04 2.4973 0.01049% 92.90% 2019-07-26 3.01%
adjusted from 2019-08-10 which was tagged in the sheet.
Code:
day 3906 17,537,400.00 1,800.00 12.5000 0.010264% 83.51% 1,577.14 day 1941 17,164,165.86 1,761.35 2.4463 0.010262% 93.05% 2019-08-10 Daily Inflation crossover date 2.95%
I think XMR's emission after all the coins have been mined will actually help in adoption, encourage a bit of spending and could have a wider distribution than BTC.
Pure deflation would encourage more hoarding, less spending and could even cause the economy to stagnate.
That was the idea and there was a large debate about it when the price first became depressed as rptiella led a group that wanted the emission curve changed to increase their holdings worth and to stop the addition of a tail emission.
Monero has always put utility above profit for investors and anyone holding should be proud of that.