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3 Ways to Cope with XMR Losses
(monero.town)
Monero is already starting to bounce. But if you’re still licking your wounds, definitely check this out before you trade, https://simplifiedprivacy.com/loss/
A currency that keeps increasing in value sounds great when you don't know what you're talking about.
https://www.forbes.com/advisor/investing/what-is-deflation/
I am not advocating for a currency that keeps increasing in value wildly.
Monero has a fixed inflation rate which is fair, predictable, and economically sound.
Fiat currency is a scam that is used by the ruling class to steal value from the public, it can and is inflated at will by criminal psychopaths to fund tyranny and mass murder.
As we saw with the covid scam, they printed trillions and distributed it to execute the tyrannical fiasco. Also trillions have been wasted on endless war and murder all around the world, all made possible by out of control fraud based inflation.
The general public should be able to hold a currency and not lose 50% of their purchasing power in 10 years, this is a fraud. Criminal banker controlled fiat is the worst situation possible.
Monero has an 18.4 million token cap you absolute buffoon, it is deflationary by design and therefore will never be viable as a currency
https://sethforprivacy.com/posts/dispelling-monero-fud/#monero-has-an-infinite-supply
The great theory of a capped inflation omits the fact that economical activity creates value over time.
Your cult is worshipping the same idiocy that helped cause 3 great depressions.
If it actually was a currency, you would never have an incentive to spend it. It's always better to spend it tomorrow rather than today if you can afford it, because your cash holds value.
Something that grows in value over time you don't call it a currency you call it an asset
If an asset's only value is that people believe it has one, and it can be traded, you're making beanie babies.
Enjoy being poor.
As your link mention, Monero has a tail emission of 0.6 xmr every block. So it is inflationary, but in a predictable fashion. In around 120 years the Monero supply should be doubled. Assuming no changes to emissions that is.
If my curve is asymptotic, no one will notice the supply's capped /clueless
The supply is not capped, it increases linearly. Yes, the inflation as a percent goes toward zero. And if the assumption that similar amount of coins is lost is correct, I guess the effect could be no inflation. This is looking at Monero in isolation. With highly inflationary currencies being the norm, prices in Monero might deflate.
Are you a proponent of inflation as a percent of total supply being linear? Or exponential? BTW insulting people in every post does not strengthen your arguments.
You're delusional if you think people can entertain a negative discussion about monero's soundness as a currency on c/monero
And that one guy calls people faggots so probably go eat a dick as well