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shortwavesurfer2009
4d ago
Monero > bitcoin because tail emission guarantees a reason to continue mining and therefore securing the network. You can already see this in action since 2022.
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Skipper
@Skipper
4d ago
So you love Inflation, because that's exactly what Tail emission is
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shortwavesurfer2009
@shortwavesurfer2009
4d ago
Oh yes, because it's 0.84% inflation and falling is so ungodly terrible that having it is a total non-starter. /s. If you own gold, you must like inflation as well because gold inflates at 1.5% per year according to the World Gold Council.
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Skipper
@Skipper
3d ago
hfsp
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shortwavesurfer2009
@shortwavesurfer2009
3d ago
I do have fun staying private. Thanks.
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Desert Dave
@Desert Dave
4d ago
Makes sense. I have heard arguments against the tail emission. It goes over my head.
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shortwavesurfer2009
@shortwavesurfer2009
4d ago
The biggest thing I hear is that it causes inflation which, while technically true, isn't a huge issue because it's asymptotically always approaching zero and has less inflation than gold does and gold has been money for thousands of years. People arguing that because Monero has a little tiny amount of inflation, so it can't be money, are misrepresenting the situation. Because if gold can stay money for thousands of years and maintain its value, then Monero can too.
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Desert Dave
@Desert Dave
4d ago
Unable to zap. Do you stick to monero only?
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shortwavesurfer2009
@shortwavesurfer2009
4d ago
Yes. I haven't owned any Bitcoin since 2017.
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Desert Dave
@Desert Dave
4d ago
Very committed. I like that. Many would say you are missing out on "sick gains bro".
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