Post
Topic
Board Altcoin Discussion
Re: Monero Economy
by
cAPSLOCK
on 16/07/2014, 20:26:51 UTC

My take:  XMR needs to bootstrap.  It can't bootstrap if no one will take it.  If it is inflationary, no one will take it.  The only way to get people to accept an inflationary currency is to hold a gun to their head.  Crypto has no guns.


I could not agree with this statement more.  It is just another way the black swan of cryptocurrency is blowing up the way we understand finance.  Folks keep trying to appy the limitations of current systems to this new one.

I am curious what your thresholds are for it being inflationary/deflationary/stable.