Quote from: BlindMayorBitcorn on December 26, 2014, 10:01:10 PM

Quote from: inca on December 26, 2014, 09:40:57 PM

Quote from: NotLambchop on December 26, 2014, 09:30:17 PM

It's certainly straightforward enough, but it's starting to show some ...drawbacks?
My point is pretty trivial--it's nice to have the ability to adjust the money supply in response to changing conditions. Clockwork ~~inflation~~ guidance can't do that, and that's why V1s were so wildly inaccurate Sad

Your laboured point is exceedingly trivial.

Last time i checked, bitcoin isn't a rocket, though it's exchange price has risen like one.

In principle having the ability to regulate inflation is an excellent idea. However in the real world we all inhabit it does not work for centrally planned fiat currencies in practice.

Other than comparing bitcoin with an ancient nazi missile, do you have any meaningful objection to bitcoin having a programatically enforced exponentially falling inflation rate?

How come? (Just curious...)

Because humans + magic money printing = disaster