Damus
Hanshan · 3w
Just use monero man. Why are you attached to a particular history of transactions?
John profile picture
My answer: Monero is not money.

Response: What is money?

My answer: Money is an absolutely scarce and decentralized uncontrollable sound medium to store energy, selected by the free market. The market chooses the medium exhibiting the following 5 attributes the strongest: Identifiability, Durability, Divisibility, Portability, and most importantly Scarcity (and it MUST be absolutely scarce)... It is a safe haven for energetic beings to store their energy across time and space so that it may not be confiscated AT ALL by the control structure. Because even a little confiscation (2% or even less per year) is catastrophic when considering the LONG GAME (centuries +) this control structure operates under. This is a generational battle and our generational knowledge has been wiped from our lineage precisely because our energy was used against us over time.
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Hanshan · 3w
Gold managed to be money for thousands of years despite having supply inflation of 1 to 2%. So your thesis is just wrong. Absolute scarcity is not only not a necessity for sound money, it is not good monetary policy.