Hacker News new | ask | show | jobs
by tromp 1483 days ago
> it is all a scam > The only 'usecase' for all of this is for speculative purposes only.

As co-creator of a cryptocurrency that aims for simplicity and elegance, that doesn't financially benefit me in any way, and that happens to strongly discourage speculation, I take issue with this characterization.

1 comments

how can speculation be discouraged?
By a pure linear emission like 1 coin per second forever. That leaves the yearly supply inflation after n years at 1/n, taking a whole century to get it down to 1% [1].

[1] https://john-tromp.medium.com/a-case-for-using-soft-total-su...