The problem with this kind of thinking threatens the "only 21 million" philosophy and makes of Bitcoin just a part of a larger set of "cryptos" that imply effective inflation (anyone can trade in any currency they themselves issue).
The cult of Satoshi won't allow this, I'm sorry.
Personally I couldn't care less, since my goal is to create and acquire my own "means of production" and store value in any form that is not dependent on someone else's free will.
Yes, I will use Bitcoin and Monero because both are not inflationary. But they are only accessories. What really matters is real life value, not a number on a screen.
Login to reply
Replies (3)
Weird logic too. There's still 21m Bitcoin. Even if there was 10 billion XMR, there'd still only be 21 million BTC.
Monero devalues Bitcoin in the same way an armoured truck devalues a G-Wagon. Apples and oranges.
How can you call Monero "not inflationary" though when it's issuance can never be audited? I don't use Monero simply because sound money needs transparency at the base layer, or one day it'll be inflated away again just like the dollar is.