/biz/ - Business & Finance

>>52625059
>Bitcoin is not fungible, a core requirement for sound money.
Money isn't even fungible by your definition but it works. In case you failed to notice every note has an unique serial number on it.

And one last thing. Monero didn't need to exist, just like Litecoin and every other Bitcoin fork out there. Monero at the end of the day offers no real innovation over Bitcoin. CoinJoin and LN already is sufficient privacy. The fixed supply issue is moot. LN extends Bitcoin to smaller denominations (millisatoshis). In theory, there is no difference between infinite supply (Monero) and infinitely divisible supply (Bitcoin). Monero, just like Litecoin, was invented to give the creators and their friends and families a head-start in mining when they thought they were too late to mine Bitcoin. You can check the supply of Monero and how it makes an L curve typical of scam coins. Close to a third of the Monero supply was mined in the first year.

>>49902882

>>30061480
yeah you have no idea

>>29903686
check the xmr generals for more info, monero has a linear increase that will stay at 0.6 XMR/min after 2022.

>>29528614
it will only exceed bitcoins supply in 2040.

>>29423307
Well for one thing, coins are lost every day.
Monero will keep increasing the supply in a linear rate (think 432 XMR mined per day). This means the percentage increase will be very small on the first year, and getting smaller each year going towards 0%. See pic attached

But the upside of this is incredible - miners will forever be incentivised to mine so the network can stay alive, which is definitely not guaranteed for bitcoin

Is XMR a better buy than BTC?

There will be less monero than bitcoin until the year 2040. Monero has miniscule inflation that decreases every year in relation to it's total supply.

>>15118227
>it's not a long term hold
imagine being this retarded

>>14621530
>lower inflation than BTC and less Monero in circulation until 2040