Inflation and cryptocurrency

bump for interest

>>2741710
Why do you think devs would want to release as many coins as possible?

why the fuck would devs want as many coins in circulation as possible, when devs are some of the biggest coin holders?

if the devs or an elite group straight up control the supply you need benevolent dictators

there are plenty of uncapped coins that aim for a smooth 1-2% inflation rate. bitcoin in the future may just be a relic only traded in person or (amusingly) by changing it first to another crypto to transfer it so that you don't have to deal with fees

>>2741994

To increase accessibility and popularity of the coin, i.e. expand it to a larger market

>>2742014

In the case of an uncontrollable supply, would that mean that coinis only worth investing in when the rate of potential demand/market growth beats the rate of inflation? Is there a point in time after which a coin is dead to inflation?

>>2742168
You are asking good questions, but you need to think harder about the incentives of devs and what the effect of inflating the money supply would be.

>>2742254
Well for instance what I think he's referring to would be in the case of Ripple. If Ripple wants to expand the adoption of its cryptocurrency to more banks, it needs to have a bigger circulating supply. So they'll release more and more Ripple to those banks, but at the same time, investors would buy Ripple saying that "oh all these banks are adopting it, it'll go up in value." so there'd be a clash of interests there- investors buying on the good news and then Ripple devs releasing more Ripple to sate the increased demand of those extra banks.