You are viewing a single comment's thread from:

RE: Adaptive Emission: Making Blockchain Economy Real

in #blockchain6 years ago

Well not quite. Because basic supply and demand. The supply of BTC can't meet an exponentially increasing demand, or anything close to whole world adoption without a dramatic increase in price. The entire world would have to have BTC and use it for all transactions before price ever "stabilizes" but even then changing population and economies will still effect the price. This is because the supply doesn't react to changing or growing demands.

Hence the need for adaptive or dynamic emissions...

Further, although I love BTC why would I ever spend it?! It may go up in value and it costs me BTC in fees to do so. I have a credit card with fiat (which likely will go down in value) that gives me 1.5% back to spend it...

Any currency that charges fees to use, is never going to be a standard of use for the majority of people. It just doesn't make sense.

Coin Marketplace

STEEM 0.20
TRX 0.12
JST 0.028
BTC 66086.15
ETH 3548.75
USDT 1.00
SBD 2.58