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by k-mcgrady 4505 days ago
>> "Not only that, but the bitcoins themselves need solid liquidity before becoming a feasible currency. That's impossible with the impending cap."

How does that make you feel about dogecoin's decision to allow 5% inflation per year? It's currently the third largest crypto currency (behind Bitcoin and Litecoin) and I think most highly traded coin. Does the inflation make it more viable in the longterm as a currency people will actually use and not just hoard as an investment?

1 comments

In the not too distant future, I think we are going to have a cryptocurrency that is widely used internationally.

Bitcoin is not headed in that direction, but that doesn't mean someone else can't solve the liquidity problem. Forced inflation may not be it though.