ponymontana🦄⚡ on Nostr: the problem is that monero is a shitcoin, inflation bug will only be the fun way you ...
the problem is that monero is a shitcoin, inflation bug will only be the fun way you shitcoiners will be rugged, but it is not the main problem.
If after the invention/discovery of digital scarcity we print out new "better" digital scarcity and use it based on their utility purpose, then we have no more digital monetary-scarcity. There's no limit to the supply of a digital object that moves on the internet in a private way, and so the expected price of a single unit is zero.
Theres not internal scarcity (no hardfork-resistance, so a change in the monetary policies could be just being put in the next update from the team©) and there's no external scarcity (you can copy-paste a new better monero for when the fees goes up, so to scale the digital privacy to the world).
#Bitcoin is convergence on standard unchangeble rules. One of this rules is the monetary policy and the 21 millions.
Every digital scarce object that is not bitcoin admit the possibility of infinite digital scarcity, and this is a paradox; every digital scarce object that is not bitcoin will not gain monetary premium and will go to zero after the bubble of hype will vanish.
These are the scenarios:
1) Bitcoin become the money of the world, shitcoins go to zeros.
2) Bitcoin fails and goes to zero, shitcoins go to zero. After some decades we can try to restart the bitcoin project with the new experience we as humanity made understanding why it failed.
If after the invention/discovery of digital scarcity we print out new "better" digital scarcity and use it based on their utility purpose, then we have no more digital monetary-scarcity. There's no limit to the supply of a digital object that moves on the internet in a private way, and so the expected price of a single unit is zero.
Theres not internal scarcity (no hardfork-resistance, so a change in the monetary policies could be just being put in the next update from the team©) and there's no external scarcity (you can copy-paste a new better monero for when the fees goes up, so to scale the digital privacy to the world).
#Bitcoin is convergence on standard unchangeble rules. One of this rules is the monetary policy and the 21 millions.
Every digital scarce object that is not bitcoin admit the possibility of infinite digital scarcity, and this is a paradox; every digital scarce object that is not bitcoin will not gain monetary premium and will go to zero after the bubble of hype will vanish.
These are the scenarios:
1) Bitcoin become the money of the world, shitcoins go to zeros.
2) Bitcoin fails and goes to zero, shitcoins go to zero. After some decades we can try to restart the bitcoin project with the new experience we as humanity made understanding why it failed.