HanShan on Nostr: 🤨 monero supply increases by .6 XMR per block. 2 minute blocks equals 157,680 XMR ...
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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
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