this post was submitted on 21 Aug 2023
5 points (100.0% liked)
Memes
45886 readers
1413 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Would I be correct to assume gold sets the upper limit because any higher and people would just store value in gold instead?
Why does the security budget need to be higher than the rate of lost coins?
The goal is to create attractive market conditions. Positioning yourself between the historic store of value and the minimum to avoid deflation seems like a good target.