Monero Memeland on Nostr: Though its rate will be slow, the perpetual inflation of Monero means that its price ...
Though its rate will be slow, the perpetual inflation of Monero means that its price and market cap aren't driven by scarcity like Bitcoin. XMR's inflation rate decreases with time, which should preserve the value of the network to some degree.
-stolen from the net.
Monero doesn't want to be Bitcoin.
It's a whole other Beast.
Published at
2024-08-25 14:07:19Event JSON
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"pubkey": "36c6544cd987b728866619d40386f45a3843e2c88ed832bfd09207a24b29da64",
"created_at": 1724594839,
"kind": 1,
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"content": "Though its rate will be slow, the perpetual inflation of Monero means that its price and market cap aren't driven by scarcity like Bitcoin. XMR's inflation rate decreases with time, which should preserve the value of the network to some degree.\n\n-stolen from the net.\n\nMonero doesn't want to be Bitcoin. \nIt's a whole other Beast.",
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