jin on Nostr: Relying on people losing their coins isn’t an inbuilt anti-inflation strategy. Plus ...

Relying on people losing their coins isn’t an inbuilt anti-inflation strategy. Plus if one assumes that understanding of these technologies as well as the importance of keeping them in safe locations & backing up your keys, that considerably less will be lost. Aside from this realistically the supply will continue to inflate faster than people will lose their coins. Personally, I’d rather place my bets on something with a maximum supply and a halved release rate at regular intervals so as to ensure inflation does not occur. Additionally, there is also always incentive for miners within that system, because the use of the system requires fees which get paid to the miners. Win win. I also advise others do the same.