A fixed supply, in practice, is a slowly and forever dwindling supply (lost or burned coins). The tendancy for anyone rational will be not to spend because the future value is expected to appreciate indefinitely. Hodl mentality. Bad for price discovery, money lending, stablility, etc.
A tail emission (inflation that asymptotically approaches 0%), in practice, is closer to a fixed supply (small inflation rate replaces lost and burned coins)
Look up "Ideal Money and Asymptotically Ideal Money" by John Nash and consider this perspective and that gold also has a tail emission.
XMR Future
npub1pc…hv373
2023-04-05 14:24:14
in reply to nevent1q…ld86
Author Public Key
npub1pcf3fu5upfjwcdnevuw9nk467e24jnsu56aasufrvm36c966je8s2hv373Published at
2023-04-05 14:24:14Event JSON
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