Quote from: Beave162 on August 27, 2014, 05:21:06 PM

Quote from: mhps on August 27, 2014, 11:00:06 AM

Quote from: Beave162 on August 26, 2014, 09:54:08 PM

The longterm inflation rate is the only thing that matters.

You seriously think YAC will be around in 30 years when the inflation is on par with that of POS? I do miss the APPLE ][ I played with in mid 1980s.

So you want POW coin generation rate to equal POS coin generation rate? Is that your new theory you just came up with? And 30 years really?

Stop making baseless accusation because you don't read or choose to forget. It was you who used POS as a inflation yard stick here, and said in the same post that "If block reward was a constant 100 forever, PoW inflation rate would decrease over time because the ratio gets smaller and smaller as coins in existence increases". As a result I calculated in the follow up post that it will take at least 30 years to do that at current high coin generation rate, to help you to understant it better.

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And to answer your question if I believe YAC will be around in another 30 years... yes I do. I really do.

Good to have faith. Your YACs today will be worth 10% by then (half of it due to POS) however, measured by percentage of coinbase (see my post in above link).