Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
infofront
on 01/12/2018, 19:54:47 UTC
⭐ Merited by cAPSLOCK (1) ,bitebits (1)
I like the idea of Monero but from a fundamentals POV, I object to its emission policy:

https://www.reddit.com/r/Monero/comments/512kwh/useful_for_learning_about_monero_coin_emission/d78tpgi/

The inflation rate is too high for it to be sound money at this time imho.  

Monero's tail emission ensures that mining remains profitable despite any amount of traffic moving to 2nd+ layers. That's basically the whole point. You're trading some economic soundness for more protocol security.
This is particularly important for an altcoin like monero, where you don't see the kinds of volumes (and transaction fees paid to miners) as you see with bitcoin, and probably never will.