lesco's avatar
lesco 3 months ago
You only need to stop being emotional for10s and think to understand it. If you own $1m and then I give (print) $1m to every American but you, I stole from you since your dollars will buy nothing. This is how inflation “steals” from you.

Replies (4)

Exactly, but you know Monero is like political parties, they don't reason. Monero is a good privacy tool, but it doesn't have Bitcoin's determinism in terms of supply. In fact, Monero is vulnerable to what is called hidden inflation. If it happens, you'll never know.
shyguy's avatar
shyguy 3 months ago
saying "monero is vulnerable to hidden inflation" is like saying "bitcoin is vulnerable to having your coins stolen". both sentences imply the same message (the cryptography behind those techniques might be broken).
"confiscation" means somebody takes possession of property nobody is taking possession of property in his or your example. That's why you changed the wording to "steal." and it still doesnt apply. are Bitcoin miners "stealing" from you? are they confiscating your property?