/biz/ - Business & Finance

>muh infinite supply
This has to be bait at this point. This shit was explained billion times.
https://petertodd.org/2022/surprisingly-tail-emission-is-not-inflationary

Also at the highest the inflation is 0.8%, which was set so as to be half of the gold's. This alone should end all discussion about this retarded FUD. Tail emission has already started so this peak inflation point is already behind us BTW. And this tail emission wasn't added just because. There are very good reasons why it's worth it.

For retards:
>To clarify a bit more, let me explain with an analogy:
>Imagine a balloon.
>We're filling it with water at an absolute, constant rate (0.6 XMR tail emission).
>Imagine now there is a hole in the balloon. This represents coin loss.
>As the balloon fills with water, it stretches, and the hole gets bigger. (Coin loss is characterized as a percentage rather than an absolute value)
>Eventually the balloon stretches to the point where the water leaking out of the hole is the same as the water we're putting in it.
>Balloon now has a constant size. It has reached equilibrium.
>From the point of view of the user, the effective usable supply becomes constant. From the point of view of the miner, there is always a trickle, providing incentive to mine. It's the best of both worlds, and I think it's genius.
>What effectively happens in a roundabout way if you think about it (on very long term), is that the lost coins are slowly being trickled back through miners.
>It's also nice to know even if all monero became unusable somehow, there is a trickle of new ones always being made.