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by hyc_symas 40 days ago
Monero is disinflationary, not inflationary. The rate of new coin emission is only enough to maintain equilibrium with the rate of coins being lost (due to people losing wallet keys, etc.). So your comment about being forced to keep earning doesn't apply to Monero.
1 comments

The price is intended to decrease. If people are losing money (causing the price to increase) at the same rate the price decreases that's on them.
> The price is intended to decrease.

No. Monero's tail emission rate was specifically chosen to be less than the rate of global gold production. Do you claim the price of gold is intended to decrease?

A continuous emission like Monero's doesn't equate to inflation/devaluation. It allows its userbase to expand organically, without artificial scarcity pumping its price.