Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

the case against inflationary token supply #18

Open
serapath opened this issue Feb 2, 2025 · 0 comments
Open

the case against inflationary token supply #18

serapath opened this issue Feb 2, 2025 · 0 comments

Comments

@serapath
Copy link
Owner

serapath commented Feb 2, 2025

I agree with Gregory Maxwell as he describes in this post.

https://bitcointalk.org/index.php?topic=5405755.msg60542558#msg60542558

The gist:
if all inflation would always increase everyones holdings by the same percentage, it wouldnt have any economic impact at all, but if new money supply deviates from that distribution it essentially redistributes value. The question is in what way that redistribution happens and every single system of inflating token supply i have ever encountered always favours the rich, thus no inflation in token supply is the most fair solution.

I dont think a solid proposal how it could benefit the poor can exist, but if anyone reading this does not agree, please feel free to share.

Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment
Labels
None yet
Projects
None yet
Development

No branches or pull requests

1 participant