Post
Topic
Board Bitcoin Discussion
Re: Proof of stake mining of bicoin
by
inBitweTrust
on 29/12/2014, 22:39:57 UTC
In the end the truth is bitcoin is consuming 10% of its market cap each year (500 million $) to mantain a decentralized (not so decentralized lately) ledger.
10% a year today,  6 % in 2016, 5% in 2017, 3% in 2019, and 0.5% in 2026.

you can just buy all the NXT you can for the current extra cheap price, sit on them and enjoy all the benefits of a natural steady deflation which increases your purchasing power. Cool
That something I like about Nxt. Bitcoin is Disinflationary, while nxt has no inflation besides the ICO. This may be its undoing though because distribution wasn't the best initially. The nxt currency isn't deflationary in of itself .... are there any true deflationary currencies in existence? (I am not talking about deflationary in reference to minting vs adoption)