this post was submitted on 07 Feb 2024
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Monero

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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

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Monero is already starting to bounce. But if you’re still licking your wounds, definitely check this out before you trade, https://simplifiedprivacy.com/loss/

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[–] Berg@monero.town 2 points 7 months ago (1 children)

As your link mention, Monero has a tail emission of 0.6 xmr every block. So it is inflationary, but in a predictable fashion. In around 120 years the Monero supply should be doubled. Assuming no changes to emissions that is.

[–] ezchili@iusearchlinux.fyi 1 points 7 months ago (1 children)

If my curve is asymptotic, no one will notice the supply's capped /clueless

[–] Berg@monero.town 2 points 7 months ago (1 children)

The supply is not capped, it increases linearly. Yes, the inflation as a percent goes toward zero. And if the assumption that similar amount of coins is lost is correct, I guess the effect could be no inflation. This is looking at Monero in isolation. With highly inflationary currencies being the norm, prices in Monero might deflate.

Are you a proponent of inflation as a percent of total supply being linear? Or exponential? BTW insulting people in every post does not strengthen your arguments.

[–] ezchili@iusearchlinux.fyi -1 points 7 months ago* (last edited 7 months ago)

You're delusional if you think people can entertain a negative discussion about monero's soundness as a currency on c/monero

And that one guy calls people faggots so probably go eat a dick as well