1984 on Nostr: People who are afraid of inflation/tail emission needs to understand a few things. - ...
People who are afraid of inflation/tail emission needs to understand a few things.
- A medium of exchange, which purpose is to work as a current (currency) between people, always have had inbuilt inflation. You want ways of new participants to be able to enter the market (also in 20 years), avoid excessive storing (hodling) which will slowly kill the purpose of the a currency it self. Some might say inflation in a currency is not necessary, may be, but we have yet to see that as there is no historic precedents for that (AFAIK).
- Inflation becomes a problem the second it is under human control of a government, family, industry. As inflation gets unpredictable and abused. That's why all government issued currencies dies within a generation or two. (The current Bretton Woods breakaway-USD has only existed since 1971 or officially with the Jamaica Accords in 1976).
- Gold has a much higher inflation than Monero. The reason gold still functions as a currency in large parts of the world (mostly as presents and jewelry) and store of value at the same time, is that it's inflation is not under human control but tied to predictable energy costs.
If you are looking after something with NO inflation, look for collectibles, arts, memorabilia ex. Currencies need inflation, it just needs to be kept out of the hands of individuals, bankers and politicians.
#monero #xmr
Published at
2026-09-14 13:31:35 UTCEvent JSON
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"content": "People who are afraid of inflation/tail emission needs to understand a few things.\n\n- A medium of exchange, which purpose is to work as a current (currency) between people, always have had inbuilt inflation. You want ways of new participants to be able to enter the market (also in 20 years), avoid excessive storing (hodling) which will slowly kill the purpose of the a currency it self. Some might say inflation in a currency is not necessary, may be, but we have yet to see that as there is no historic precedents for that (AFAIK).\n\n- Inflation becomes a problem the second it is under human control of a government, family, industry. As inflation gets unpredictable and abused. That's why all government issued currencies dies within a generation or two. (The current Bretton Woods breakaway-USD has only existed since 1971 or officially with the Jamaica Accords in 1976).\n\n- Gold has a much higher inflation than Monero. The reason gold still functions as a currency in large parts of the world (mostly as presents and jewelry) and store of value at the same time, is that it's inflation is not under human control but tied to predictable energy costs.\n\nIf you are looking after something with NO inflation, look for collectibles, arts, memorabilia ex. Currencies need inflation, it just needs to be kept out of the hands of individuals, bankers and politicians.\n\n#monero #xmr \n\n",
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