Originally Posted By: 69GTX
Bitcoin can't be zero inflation as they continue to add 1800 coins per month to the supply. Even in gold, miners add approx 1.5% per year to existing above ground world gold inventory. It may be small but it's still inflation.
You are right - poor generalization/rounding on my part. Not zero. 0.12% yearly inflation at the current mining rate, which will be halved in a couple of years, and then halved again in another 4 years. Approaching zero, asymptotically (21 million coins is the limit that will ever exist).
Bitcoin can't be zero inflation as they continue to add 1800 coins per month to the supply. Even in gold, miners add approx 1.5% per year to existing above ground world gold inventory. It may be small but it's still inflation.
You are right - poor generalization/rounding on my part. Not zero. 0.12% yearly inflation at the current mining rate, which will be halved in a couple of years, and then halved again in another 4 years. Approaching zero, asymptotically (21 million coins is the limit that will ever exist).
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