Post
Topic
Board Altcoin Discussion
Re: Why do we never get a topic on inflation in this section? (poll)
by
djm34
on 14/11/2014, 14:06:48 UTC
So you would accept that going from owning 1% of a coin today, then 0.9% in a year and ~0.5% in 5 years is good for long term value?

Inflation effects everyone at the same rate, it doesn't matter how much you hold.

This is why PoS is so great. If you hold long enough your coins you will always end up in with the same value but with more coins.
But why would you be rewarded for not using a currency ?
The point in any currency is that it can be used, traded against other things.
If your money is just stuck into your wallet forever it has no intrinsic value.
Hence if you want a currency which is valuable there must be enough of it so it can become a mean of exchange.

That's the whole contradiction of crypto... people don't want currencies they want stock options...