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55776330 No.55776330 [Reply] [Original]

Is Monero's unlimited supply good tokenomics? Should you be holding it besides for transactions? Is it a good store of value?

>> No.55776383

>>55776330
No it just gets mined and dumped. Especially now that eth is POS. The threads here are for drumming up exit liquidity.

>> No.55776389

>>55776383
>especially now that eth is pos
stinky fucking indian

>> No.55777271

>>55776330
That sign is about 7 miles from me, I was just there a couple days ago.

>> No.55777293

>should you be holding it besides for transactions
No
But it's the only non-shitcoin out there purely for its widespread illicit use

>> No.55777401

>>55776330
Maybe hold 5% as an insurance policy, in case it becomes impossible to acquire, you need a hidden stash, etc. But any more than that any you're pissing away gains.

>> No.55777402

Monero 777 eoy checkem

>> No.55778038

>>55776389
Huh? I mean presumably there are some former eth miners that have pointed their rigs at monero, right?
>>55777401
5% is way too much. And if it becomes impossible to acquire then that means monero has completely failed. The whole point of a private cryptocurrency is to be unstoppable.

>> No.55778430

>>55778038
>Huh? I mean presumably there are some former eth miners that have pointed their rigs at monero, right?
No.

>> No.55778843
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55778843

>>55776330
I prefer trusting VINU, a motherfucking shitcoin, rather than Monecuck
Just compare both charts and take your own conclusions

>> No.55779424

>>55776330
It's disinflationary, while this sounds new it isn't, dogecoin was the first disinflationary crypto with what monero devs call tail emission (though back then the idea was for dogecoin to infinitely print money)
It did work for dogecoin

>> No.55779456
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55779456

>>55776330
Who would waste CPU resources to process Monero transactions if there was no benefit?
Monero gets it. You have to reward the people who run the network.
OK so you can take that to absurdity and call it unlimited supply, but in reality 'tail emissions' are very slow
I don't know why people can't understand that.

I run a full node and mine on several computers, and only make 0.3XMR every 40-50 days or so
Frankly, that's well below what it costs in electricity, but I mine at work where it's free.

>> No.55779617

yes having a budget to keep the network secure even during low usage is a crucial feature for any serious blockchain.
Only retarded bitcoin maxis will try to convince you otherwise.

>> No.55779633

>>55776383
>Especially now that eth is POS
greed induced brain rot detected

>> No.55779644

>>55778038
dumb fucking indian

>> No.55779832

>>55776330
In practicality the inflation of XMR is only a little more than enough to offset permanent network losses. Loose change gets lost in small wallets, people die without leaving behind their password, people send to a bad address, or even just lose their own wallet key.
So yeah the value will go down over time, but that time scale is long enough to not worry about. Treat XMR like a checking account and it's fine. It's not a good "investment" though.

>> No.55781880

>>55776330
>Is it a good store of value?
BTC is the only store of value in crypto... Besides Monero is no longer the only project in charge of privacy... NexeraID too is bringing something to the table likewise polygon...

>> No.55782377

>>55778038
5% of a million is only 50k, it's not much, useful emergency fund. And two-way atomic swaps are now a thing, so there will always be some way to cash in/out.