/biz/ - Business & Finance

>>54712159

>Muh Inflation Bugz

1. RingCT has had multiple 3rd party code audits. No bugs found.
2. The MIC (Monero Inflation Checker) project has examined TX activity specifically looking for inflationary anomalies. None found.
3. Monero suffers from the same paper crypto issues as Bitcoin i.e. suspended withdrawals due to lack of available supply. Self-evident.

>>54704188
>You cannot prove there isn't an infinite supply

Zero-knowledge proving aside, an infinite supply would inevitably be felt in the economy. You feel the effects of PRINTER GO BRRRRRR even if it happens in secret.

The XMR price is legendarily stable, ergo the crabcoin meme. Monero is experiencing the same issues with paper XMR that Bitcoin is e.g. lack of actual supply on exchanges resulting in suspended withdrawals.

The above wouldn't be the case if there was an excess of XMR in circulation.


>so you are investing based on faith in the current update and all previous updates.

Investing? Crypto is for using.

>>54699481
>withdrawl is obviously suspended because they have to enforce kyc tagging and egress transactions cant be followed anymore.

lol"obviously". Its called fractional reserve lending, midwit, the exchanges sell you paper crypto they don't actually have in reserve so when too many withdrawals are initiated at the same time they have to suspend them until they reup their supply.

https://bitcoinmagazine.com/markets/the-dangers-of-paper-bitcoin