Thread - Nostr Hypermedia

Thank you for making my point at the end there. Tail emission reintroduces infinite money printing again as it would start small then grow big like in every other fiat currency, they would always find excuse. Bitcoin 21M hard cap is a permanent solution to the unique problem of tail emission. Bitcoin is self-sustaining witin and designed to last for thousands of years functioning without interruptions just the way it is. If we let anyone to come tweak the parameters to satisfy their own goals humanity will be the one enslaved by fiat cbdcs and losing the opportunity to free themselves eith absolute digital scarcity.

↑ Parent

Replies (2)

Hanshan hanshan@nostrplebs.com 4 months ago

you mean that he wrote some gobbledygook and you're happy he agrees with you "transcendental math" LOL STFU monero issues ,6 units per block. therefore the rate of supply inflation always decreases as a % of total supply. fiat supply is marked by central control over issuance. it doesn't matter how many monetary units there are, it matters that monetary policy is known and predictable. if you have a problem with that, then explain to me how gold is still a solid SoV for 4000 years DESPITE a 1-2% supply inflation.

4 replies ↓

PiecoverBTC 4 months ago

There is a set amount of GOLD on earth whether we know it or not, because earth is a finite planet. 2% inflation a year is a massive loss in purchasing power in 10 to 30 years, this is why gold can't protect you against inflation. Again Bitcoin is the fix to the very long old inflation problem. Going back to tail emission is a downgrade to humanity.

2 replies ↓