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#TailEmission

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Kevin Karhan :verified:re: shitpost, joke, not to be taken serious
Kevin Karhan :verified:<p><span class="h-card" translate="no"><a href="https://kolektiva.social/@asei_sano" class="u-url mention">@<span>asei_sano</span></a></span> <span class="h-card" translate="no"><a href="https://mastodon.social/@aruiz" class="u-url mention">@<span>aruiz</span></a></span> So you do have an escalating commitment and naively believe that artifical scarcity will fix issues.</p><p>Well guess what: Whilst <a href="https://mstdn.social/tags/Bitcoin" class="mention hashtag" rel="tag">#<span>Bitcoin</span></a> :bitcoin: &#39;s absolute limit of coins will kill it long-term, the <a href="https://mstdn.social/tags/TailEmission" class="mention hashtag" rel="tag">#<span>TailEmission</span></a> of <a href="https://mstdn.social/tags/Monero" class="mention hashtag" rel="tag">#<span>Monero</span></a> :monero: will long-term result in a asymptotically near-zero inflation rate.</p><p>It merely compensates for the loss of coins AND keeps miners from continuing go facilitate transactions.</p><p>Furthermore unlike <a href="https://mstdn.social/tags/ASIC" class="mention hashtag" rel="tag">#<span>ASIC</span></a>- &amp; <a href="https://mstdn.social/tags/FPGA" class="mention hashtag" rel="tag">#<span>FPGA</span></a>-based mining, Monero is decentralized.</p>
Kevin Karhan :verified:<p><span class="h-card" translate="no"><a href="https://kolektiva.social/@asei_sano" class="u-url mention">@<span>asei_sano</span></a></span> <span class="h-card" translate="no"><a href="https://mastodon.social/@aruiz" class="u-url mention">@<span>aruiz</span></a></span> simple: cease existing!</p><p><a href="https://mstdn.social/tags/Bitcoin" class="mention hashtag" rel="tag">#<span>Bitcoin</span></a> :bitcoin: will do so once the last <a href="https://mstdn.social/tags/cpin" class="mention hashtag" rel="tag">#<span>cpin</span></a> has been mined and transaction fees will skyrocket...</p><p>Whereas <a href="https://mstdn.social/tags/Monero" class="mention hashtag" rel="tag">#<span>Monero</span></a> :monero: doesn&#39;t have that problem: It&#39;s on it&#39;s <a href="https://mstdn.social/tags/TailEmission" class="mention hashtag" rel="tag">#<span>TailEmission</span></a> and is quite stable...</p><p>As history has shown us, Bitcoin is unable or rather unwilling to adjust to necessary changes (<a href="https://mstdn.social/tags/HardForks" class="mention hashtag" rel="tag">#<span>HardForks</span></a> like <a href="https://mstdn.social/tags/BitcoinCash" class="mention hashtag" rel="tag">#<span>BitcoinCash</span></a> are evidence) and thus it will die out soomer or later...</p><p>Already it&#39;s reliance on hacks like <a href="https://mstdn.social/tags/LightningNetwork" class="mention hashtag" rel="tag">#<span>LightningNetwork</span></a> make it bad.</p>
Kevin Karhan :verified:<p><span class="h-card" translate="no"><a href="https://kolektiva.social/@asei_sano" class="u-url mention">@<span>asei_sano</span></a></span> <span class="h-card" translate="no"><a href="https://mastodon.social/@aruiz" class="u-url mention">@<span>aruiz</span></a></span> </p><p>It is a <a href="https://mstdn.social/tags/BiggerFoolsScam" class="mention hashtag" rel="tag">#<span>BiggerFoolsScam</span></a> because unlike <a href="https://mstdn.social/tags/Monero" class="mention hashtag" rel="tag">#<span>Monero</span></a> :monero: , <a href="https://mstdn.social/tags/Bitcoin" class="mention hashtag" rel="tag">#<span>Bitcoin</span></a> :bitcoin: doesn&#39;t have a longterm strategy.</p><p>Whereas Monero keeps chugging along on it&#39;s <a href="https://mstdn.social/tags/TailEmission" class="mention hashtag" rel="tag">#<span>TailEmission</span></a> rate just fine...</p><p><a href="https://www.youtube.com/watch?v=QrHsFZBab4U" target="_blank" rel="nofollow noopener" translate="no"><span class="invisible">https://www.</span><span class="">youtube.com/watch?v=QrHsFZBab4U</span><span class="invisible"></span></a></p>
Kevin Karhan :verified:<p>@jalefkowit@octodon.social there&#39;s a reason why such <a href="https://mstdn.social/tags/Shitcoins" class="mention hashtag" rel="tag">#<span>Shitcoins</span></a> will all die an inevitable death.</p><p>Because they ain&#39;t feasible.</p><p>Compare that to <a href="https://mstdn.social/tags/Monero" class="mention hashtag" rel="tag">#<span>Monero</span></a> which does have a <a href="https://mstdn.social/tags/TailEmission" class="mention hashtag" rel="tag">#<span>TailEmission</span></a> in order to long-term reward miners and also account for losses...</p>