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Comment by nirnira

Yes, I'm well aware that some coins have baked-in inflation. However, that's an architectural decision made in the design of any given coin, not "innate to the cryptocurrency environment" per se.

Anyway, if coins are in competition to attract the most users (which they are) we should see people's natural preference emerge: trade in a fixed-supply curency or in a constant inflation currency. I certainly know which I would prefer, but let me ask you, if you had the choice between two coins identical in every aspect except coin A will never be debased (so the coin you buy today is worth as much or more tomorrow) and coin B will be perpetually debased (so the coin you buy today is worth less every following day) which would you rather buy into?

You see there's nothing natural or good about inflation, we've just grown inured to it thanks to the prevailing lies and obfuscation around its use by contemporary governments.

parent nirnira 12 years ago

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