Post
Topic
Board Development & Technical Discussion
Re: The consensus dead end.
by
philipma1957
on 29/04/2021, 11:53:47 UTC
DOGE can handle some aspects of being a dollar bill so to speak. Its inflationary nature is much like that of a Dollar bill.

It's very different from fiat, as it is disinflationary. And not that much different from Bitcoin, as I argue in

https://john-tromp.medium.com/a-case-for-using-soft-total-supply-1169a188d153

It just has a much slower emission, taking 81 years to reach 1% inflation, compared to 16 years with Bitcoin.



Interesting argument.  Have to agree with you that down the road the flat 1 block per minute add very little new coins percentage wise.


Disagree a bit with the BTC lost coin concept as I suspect much like abandoned bank accounts there will be claw back on abandoned coins.

Maybe 2059 or 2049 Any 2009 abandoned address will kick back into awards pool.

But I do like the idea that 1 year of added Doge Coins in 100 years is just 1 % inflation compared to 1 year of added Doge coins now is over 12% (1st off top of my head)