HanShan on Nostr: If you think that a tail emission is a serious problem for the devaluation of money ...

If you think that a tail emission is a serious problem for the devaluation of money
why is gold considered a stable SoV over millennia?

maybe a hard cap is a stupid design.

quoting note1e73…lykw

🤨

monero supply increases by .6 XMR per block.
2 minute blocks equals 157,680 XMR per year.
total circulating supply right now is 18446744 XMR.
So in 2025 the supply will increase less than .855% ('less than' because I'm measuring from now and not from the Jan 1st)

in contrast the supply of gold increased anout 3% in 2023.
if you do a little research you'll find that the annual supply inflation of gold generally fluctuates between 1.5-2.5%.

therefore if you believe moneros supply inflation (which will only decrease as a % of total supply)
is a problem.
the same should also be true for gold.

it isnt.
so it seems like something is wrong with your thesis.

https://www.gold.org/goldhub/research/gold-demand-trends/gold-demand-trends-full-year-2023/supply