Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN][FTR] FutureCoin – Initial Investment Period! – Descendant of Nxt
by
Futurecoin
on 30/01/2014, 00:00:18 UTC
-No inflation. Most coins are faced with an increasing supply and thus constant downward pressure on their price, not with us— our supply is fixed from the start, much like the fixed supply of physical gold and silver.

Gold isn't fixed supply. Nor are coins. If you just mean you have all the coins available from the start, that's not the same thing as no inflation. It's almost the exact opposite to inflation. It's total deflation, and pricing is based entirely on speculation.

Well you're right gold isn't a fixed supply- but compared to massive inflation of fiat money its far more steady.
In regard to our coins, yes indeed there is no inflation. There is a fixed supply from the start, thus no inflation.

Yes, and you are correct that it could be deflationary, but we don't really consider this a bad thing- we want people to want our coins- and for our coins to appreciate in value(thus rewarding our investors)- in this way it is similar to gold and silver and other precious metals (and even Bitcoin itself)