Post
Topic
Board Altcoin Discussion
Re: Monero Economy
by
AnonyMint
on 17/07/2014, 23:21:33 UTC
If I designed a currency, never would I make the initial distribution so much higher than the long-term.

If the currency starts from zero, there has to be a high initial daily inflation to get it going.

If it does not start from zero, it is called "premine"

That is true but what is the second 6 months debasement for Monero? I will be happy to mea culpa if it is not that high?

Or more specifically is the nominal block reward declining?

and I don't buy it and it will die.

You not buying a coin does not mean a coin will die.