“Once 18.132 Million XMR
have been mined, a continuous “tail emission” will output 0.6 XMR every two minutes”
.6 XMR will be issued every 2 minutes continuously forever.
this is by definition “infinite supply”
there’s a ton of people out there that believe XMR supply is capped. i bump into them very often. here’s an example of one i saw just the other day.
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What gives a finite or infinite supply is generally not bad or good in my opinion.
Or because of the endless emission, the price will decrease all the time, so this is a fallacy. Remember 42 coins?
that’s fine! i just think more people should understand XMR’s supply is infinite. they’ll make more informed investment decisions, and they’ll also better understand why XMR by definition wouldn’t be considered sound money.
To summarize, you would consider Bitcoin no longer sound if it had a tail emission of 1 satoshi per block.
Which would add a whole bitcoin about every 2 millennia.
The issue does not affect the reliability of investments, once again I recall about 42 coin. The release of a small amount will not affect inflation, even if you stop issuing zcash now it will not stop inflation, but the release of new technologies and the application of technology in the real world will change the cost even with the current issue. It makes no sense to point out such a feature of the coin as endless emission, it is not a flaw or a virtue in itself.
bitcoin’s not sound because it lacks uniformity. but also wouldn’t be sound if inflation was infinite. that’s why BTC supply is capped.
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42coin is the opposite extreme, also was built as a pump-n-dump coin. but let’s check exchange rate
wouldn’t mind seeing ZEC valued at $17,905
We are not talking about the exchange rate but about the dynamics of the price, a very small number of coins and a limited issue does not allow the coin to grow, the rate at the beginning and now differs not in a big way. Well, the security of ownership of such an asset is doubtful.
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dunno, will cost you 2.22 BTC to buy 1 42coin. 42coin has been around for a long minute, so it seems to be doing okay. i wouldn’t touch it, but there’s obviously a market for 42coin.
my whole point is - to be considered sound money supply needs to be limited. infinity is not limited. infinite is literally the complete opposite of limited. nobody can say correctly state “XMR supply is limited to infinity”
There’s often a gap between perception & reality.
The reality is XMRs emission goes on forever but its perceived as a non-issue because its low & not talked about.
Facts are facts, its uncapped & unlimited, so I’ll agree with kek on this one. Lets tell everyone, repeatedly.
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Zooko has mentioned several times considering POW/POS hybrid in ZEC as it could possibly work well together. He just mentioned this in a video I watched of him speaking on YouTube recently. I will try to dig it up. So not sure what implications this could have on the 21m cap in the future if we end up going that route.
I doubt that would change anything, there’s huge resistance from everyone on changes to the 21m cap. POS is just a different way of mining transactions.
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Yes good point and I am also with you there. One of the most appealing things as an investor is that it is capped like BTC. ZEC in many ways is BTC 2.0 - Knowing XMR will be printed for all eternity does not make one feel good.
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thing that worries me about PoS; imo there’s a slick government lawyer out there that will eventually argue PoS payouts are a form of dividends. if properly argued - this could lead to PoS systems being regulated as securities.
There really isn’t. lots of people want it lowered. (“burn” - or whatever name you want to give it)
can you point me towards examples of people seriously advocating for changing the 21 million total supply in either direction? (box’s thread on upping total supply doesn’t count)
search “burn” specifically.
Zooko has (under the guise of “giving value to everyone”)
amillers proposals.
Quite a few of the current proposals mention burn when nothing can be decided. and by burn they mean take the coins out of circulation forever. that is lowering the cap, no?
Yes - you’re right - I should’ve been clearer the resistance is against INCREASING the cap.
Quite happy for coin to be burnt !! Anything that reduces supply is great for holders - but that’s just my opinion 
you can only burn what’s been mined. if somebody destroys already issued
supply, that’s on them.