Post
Topic
Board Altcoin Discussion
Re: Monero Economy
by
AnonyMint
on 18/07/2014, 03:48:52 UTC
For a comparison, take a look at the politically motivated attacks Moolah is under with regards to Dogecoin: http://www.theverge.com/2014/7/7/5877131/moolah-currency-exchange-tearing-dogecoin-apart-report

This was predicted by that research paper I footnoted in a prior post[2].

When the nominal debasement rate declines too rapidly, then the miners look for another coin to pump up.

These political fights are probably just an artifact of that "Programmed Design" driven economic decline.


Edit: the next block reward halving for Bitcoin is 2016. That could be the straw that breaks the camel's back in terms of making its death rattle more apparent to all.