The illusion you keep failing to see is that fiat is not a free market. Never was. Monero can’t be since its infinite supply is debasing holders via tail emission policy (just at a slow rate). You c...
this post does NOTHING to answer my question about why a hard cap makes a market "more true to a free market."
this is just regurgitated maximalism.
your cantillion effect argument is not applicable.
Monero produces 0.6 XMR block reward. that isn't a cantillion effect any more than it is with Bitcoin.
sorry to break it to you, but miners are robbing you of your purchasing power every 10 minutes.
that's cantillion effect if it's Monero but not if it's Bitcoin apparently 🤨
and you're obviously VERY confused about miners and network security.
Good luck securing the network with lots of nodes and little hash, I hope betting on transaction fees being able to secure the network works out.
this is just regurgitated maximalism.
your cantillion effect argument is not applicable.
Monero produces 0.6 XMR block reward. that isn't a cantillion effect any more than it is with Bitcoin.
sorry to break it to you, but miners are robbing you of your purchasing power every 10 minutes.
that's cantillion effect if it's Monero but not if it's Bitcoin apparently 🤨
and you're obviously VERY confused about miners and network security.
Good luck securing the network with lots of nodes and little hash, I hope betting on transaction fees being able to secure the network works out.
❤️3❤️1