I am a bit concerned that the coin supply is expanding too rapidly, coupled with a low daily trading volume. 12% of the total supply was generated in the past 3 weeks.
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I am a bit concerned that the coin supply is expanding too rapidly, coupled with a low daily trading volume. 12% of the total supply was generated in the past 3 weeks.
I think this is the reason why it is 'tied' to the US dollar, it wont grow in value like bitcoin but instead it will have predictable money creation supply. Same as the mining of gold, they may have to patch/adjust it in the future but I still see your concern. I still see it way more stable than fiat currencies because we have no fucking idea have much the federal reserve is going to print in the future, let alone who owns it.
Yeah you're right I have see that too