/biz/ - Business & Finance

[Anonymous No.55657418]

Is Monero's unlimited supply, good economics? What happens to price if the supply is infinite? Explain

[Anonymous No.55657475]

Monero is equivalent to eating McDonald’s fry’s without ketchup

[Anonymous No.55657488]

>>55657475
Anon you don't need to post atrocities in my thread

[Anonymous No.55657492]

>>55657418
Monero unlimited supply and private blockchain is good economics for an inflation bug

[Anonymous No.55657496]

>Is Monero's unlimited supply, good economics?
Yes, because it will never have the market cap of BTC and will require financial incentives to reward validators. It's still less bad than the MMT jews printing trillions of USD.
>What happens to price if the supply is infinite?
The supply grows at a fixed rate, and much slower than the USD, so it will continue to go up in price, all other things being equal.

[Anonymous No.55657622]

>>55657418
Decreasing relative inflation and slow fixed growth rate

[Anonymous No.55657696]

>>55657488
God damn that guy is ripped as fuck, definitely deserving of hitler dubs sir

[Anonymous No.55658051]

>>55657696
Of course
>>55657492
Unlimited supply is good?
>>55657496
Slower than USD isn't saying much

[Anonymous No.55658136]

>>55658051
Well memed sir, post the original without the chud name tag

[Anonymous No.55658147]

>>55657418
It won't surpass Bitcoin's supply til later in the 2040's. Plus drugs and guns and weapons will always be valuable. Especially when CBDCs come around and you are tracked fully.

[Anonymous No.55658150]

>>55658136
Why it's accurate?

[Anonymous No.55658159]

>>55658150
>Why it's accurate

[Anonymous No.55658168]

>>55658159
Okay kek?

[Anonymous No.55658179]

>>55658168
This is you. You look like this

[Anonymous No.55658238]

>>55657418
>>55658150
What is he listening to with those headphones ?

[Anonymous No.55658241]

>>55658238
Metal

[Anonymous No.55658284]

>>55658241
Will he ever post a pic wearing corpse paint ?

[Anonymous No.55658315]

>>55658284
No fedbro, schizo anon prefers being labeled as a schizo. He wouldn't hurt anyone

[Anonymous No.55658336]

>>55658284

[Anonymous No.55658356]

>>55658315
>>55658336
Metal music ?

Guess it's not Black Metal music pumping
through those JBL's ?

[Anonymous No.55658368]

>>55658356
>bro you aren't wearing thousand dollar headphones while bushcraft larping like my favorite eceleb?
Embarrassing

[Anonymous No.55658383]

>>55658051
>>55658150
Walmart employees get a discount on JBL headphones ?

[Anonymous No.55658402]

>value is determined solely by supply
>supply over an infinite time
Why are there so many fucking retards on this board?

[Anonymous No.55658413]

>>55658383
Take your ultra light penis back to /out/ and your trash REI gear with you

[Anonymous No.55658428]

>>55657418
Even with a constant issuance rate (say 1 XMR per block), at a certain point in time, the supply will have reached a finite limit, similar to bitcoins 21m hard cap.

Because there is non-zero rate of XMR lost forever due to loss of private keys.

Even if that is a very small percentage, let's say it's 0.001% per year, at a certain point in time, the issuance of 1 XMR per block per year equals that 0.001% and then that will be the total supply. Of course it's not a hard-cap like in bitcoin, rather it would fluctuate around that, because in some years people will be clumsier and maybe lose 0.003% and in others they will be more careful on average and only lose 0.0008%, but the point still remains.

But Monero is a shitcoin with no real control over the supply anyway. Read the code, it's pathetic.

[Anonymous No.55658450]

>>55658413
Does Walmart carry REI gear ?

Do Walmart employees get discounts at REI ?

[Anonymous No.55658552]

Are army surplus stores cheaper
Than Walmart employee discounts?

Asking for a fren >>55658413

[Anonymous No.55658607]

>>55658552
>Asking for a fren
You are not fren

[Anonymous No.55658638]

>>55657418
No the supply is fixed

[Anonymous No.55658651]

>>55657418
OP's been banned 10x for doxxing thats a long ban somehow he's back everyday

[Anonymous No.55658843]

>>55657418
Actually, this might surprise you, but Bitcoin supply is unlimited as well. They will have to raise the arbitrary limit once mining becomes unsustainable.

XMR is just keeping it real.
Also, the XMR supply is as unlimited as a minimum wage earner can earn infinite money given sufficient time.
Technically correct but the infinity has no practical relevance.

Would be best if XMR just implemented an arbitrary supply limit far into the future to fool the retards just like Bitcoin and Litecoin did,

[Anonymous No.55658854]

>>55658843
Mining becomes unsustainable in 2800 years so gonna be awhile, you fucking nigger.

[Anonymous No.55658886]

>>55658638
/thread

[Anonymous No.55659885]

I won