That inflation, dude. Makes it useless to store value! Please try to understand.
Issuance: Mining, politics, alghorithm. Latter one seems like most healthy to me when it comes to inflation problem.
-algo has nothing diretly to do with the emission curve - 1 coin added to 100 coins supply is still 1% inflation. Sha, scrypt, X11 or what ever doesn't change things
-it's also not politics, it's a question whether the coin will survive and be adopted or not - and sadly bitcoin won't because the fundamentals in emission of coins have been made by an amateur. It's really so bad it almost looks like intentionally bad. I still can't wrap my head around how 10% inflation this year should have been justified years ago. Must really be like people say: socialism/marxism got in the way - so bitcoin failed very hard and very real in sustaining the marketcap and taking good care of the money given to it. So i don't think people will want to invest again because remember: "Repeating a mistake time and time again and expecting different outcomes is madness"
Next up: Coins being good store of value (good to investors, makes sense to put money into) and less generous to miners (more efficient)
Bitcon also has the foundation nobody likes and a community of delusionals aswell as a bad name for doing illegal stuff. I think it's pretty worn out already. Bagholders should attempt a rebrand. The brand is so horrible, only Litecoin is a more horrible brand
back on topic: a coin not able to be a relatively stable store of value can't be called a moneytoken and is useless/insignificant as means of exchange in daily commerce.
Bitcoin being a store of value is the most wrong thing someone can attempt to say after all the history bitcoin has gone through. If bitcoin is one thing certainly NOT, it's being a store for value.
All the pipedreams of stability tomorrow and not today are also only excuses for bitcoins inability to deliver on the hype.
Can't hold value today, why should it be able to tomorrow? Lost credibility already with screwing up
the most basic part.
You seem to spend an awful lot of time trolling a bitcoin enthusiast forum for someone who thinks so little of bitcoin.
For someone banging on about mining costs and coin inflation rates so much, perhaps you can demonstrate the relationship between mining costs and the price, or coin inflation and the price please?
