Thought this was interesting to share 

Peter Todd 

"In the case of Monero, they’ve introduced tail emission at a point where it represents a 0.9% apparent monetary inflation rate6. Since the number of previously lost coins, and the current rate of coin loss, is unknown7 it’s not possible to know exactly what the true monetary inflation rate is right now. But regardless, the rate will only converge towards zero going forward."

"The fact is, economic volatility dwarfs the effect of small amounts of inflation. Even a 0.5% inflation rate over 50 years only leads to a 22% drop. Meanwhile at the time of writing, Bitcoin has dropped 36% in the past year, and gained 993% over the past 5 years. While this discussion is a nice excuse to use some mildly interesting math, in the end it’s totally pedantic."

#monero #bitcoin #inflation

https://petertodd.org/2022/surprisingly-tail-emission-is-not-inflationary
 

 While this discussion is a nice excuse to use some mildly interesting math, in the end it’s totally pedantic. 

 What you just said doesn’t make sense. Bitcoin supply will ultimately go to zero at its rate. There is plenty of btc lost forever. Explain you understanding of “mildly interesting math”. I may not like Pete but he’s great with math and that includes high math. 

 It’s a direct quote from your post, did you even read Peter’s post? 

 Ok explain the mostly interesting math he’s still pushing for as of two days ago. Yes I read it and he as usual is partly right. Maybe watch more of his recent speeches .