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by krrrh
4470 days ago
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You definitely don't need to be a Keynesian to believe that a bit of monetary inflation is a positive thing. It's quite likely that Dogecoin will still be very deflationary if the velocity of cash flow, transaction volume increase faster than the Ð5 billion/a being added annually. Not to mention lost private keys which essentially destroy related coins forever. |
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In fact, Dogecoin's model is a real world implementation of Milton Friedman's proposal: