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54166402 No.54166402 [Reply] [Original]

Is having an unlimited supply good tokenomics?

>> No.54166457
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54166457

>>54166402
been holding xx XMR for years. just hit 10k please

>> No.54166497

>>54166457
how does $xxxx.xxxx sound?

>> No.54166523

>>54166497
been holding sinc3 2016 :(
>I hope so

>> No.54166585

>>54166402
It depends on a lot of factors. Token inflation rate, utility of the token, usage of the token etc.

In Monero's case, there is an argument to be made here that a low inflation rate combined with anonymity is an incentive towards it's usage as a currency rather than something you just sit on top of. It's still a decent value reserve as there won't be more BTC than monero for example for a while. Downsides are the dynamic allocation of block size and the lack of transparency in the network, although they are more trade-offs than actual cons. So I don't know, I think you should use both but since I believe the gubermint is only going to ramp up censorship and prohibition of crypto, monero seems like a good alternative. Problem is, if we ever need to use Lora mesh or something like that for transactions, BTC will be infinitely better (still shit to use).

>> No.54166594

>>54166402
XMR made a mistake and put in the tail emission way too early for it to actually produce any growth like BTC did.

>> No.54167400

It probably has some exploit since you cant track how many coins exist. Its been stuck at the same price for years.
I would think that the criminal underworld would of caused it to pump hard. Cartels have billions so I could imagine them transacting with over seas counterparts. They used to use gold and cash why wouldnt they just use xmr.
They could even be the fiat off ramp and charge a percentage

>> No.54167470

>>54166457
Say the entire market does a 4x (BTC = $100,000). Monero would still have to hit mcap #5 to break 10k. Hitting $1000 (#20) is easy, $2000 (#11) is possible, but 10k is ludicrous.