12. the total number of coins never exceeds 10 billion dollars and will reach this value in about 100 years.
So, if I understood it correctly, the more coins there is mined, they are worth less and less because total market value of coins cant be more than 10 billion dollars?
Why would anyone mine this then? If there is more miners and more coins is mined, miners are actually loosing money beacause coins are worth less
the cost of coins, on the contrary, is growing, since the number is limited. bitcoin is also limited, but the difference is that in bitcoin a miner produces half as much every four years, but this coin does not reduce the number of mined coins, that miners have a constant income.