The lucrative privilege of seigniorage is moving from bankers to technologists.
Maybe bitcoin becomes store of value, actual cryptocurrency has some expansion algorithm built in to blockchain so humans can't change it
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Due to the unknown nature of the future, static expansion algorithms will eventually fail.
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Obvious downside of being adjustable is there's always an emperor who debases the coins. A middle ground with limited ability to adjust?
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I'm working on a solution to this. If you are interested, I will keep you posted once I have something up and working.
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Please do, a major problem still to be solved. Perhaps a spectrum of different crypto value stores that ballast each other?
End of conversation
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