Thanks for the detailed information. but I see that now produced 968 000 CBX. This is 2.2% per annum + endless inflation.
I think that this valuable digital assets, inflation is unnecessary. It only devalues the concept of capital.
You are right, I did not look up the exact number. The yearly inflation will still be at 2% of those 968,000, so that's maximum.
But I don't understand why in one post you say a low POS reward is bad and in the other that inflation is not necessary.
Every reward from either mining or staking will add more coins in existence so it's unavoidable.
Well, I'll try to explain it
High income POS is good when the coin is in the process of market penetration. If at the time a significant reduction this coin rewards will not be able to take a strong position in this market, it remains the only chance to keep her from falling is to buy back all the coins and distribute them among the strong owners. But in this case, you will have a problem of the constant inflation. Who needs a digital asset that depreciates with time?
If you've heard about the coin called
freicoin 
they have driven inflation to the point of absurdity. Ie destroy your coins if they are in your wallet over time. It was quite an interesting position aimed at what would have been to spend the coins but not make a stockpile. but as you can see on the site
http://coinmarketcap.com/all/views/all/ their noble idea failed miserably. Such a fair coins was not interesting. So it's not difficult to draw conclusions from this scheme
Freicoin applied the economic principal of demurrage to crypto-currency.
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https://wikipedia.org/wiki/FreigeldThis effectively established a centralized 'pool' from 'taxing' its holders. The main issue for the model is seemingly collective indecision of how exactly to return 'cash flow' from the centralized pool, mostly with regards to 'value'.
Bitcoin, as a modern monetary system (or store-of-value), being more akin to gold and without any central (issuing) authority does not require holders to sustain demurrage. Here we can note the wiki reference to 'E-gold' with regards to bullion storage;
"E-gold is an example of a modern private currency in which demurrage is applied. In this case there is a gold storage charge of 1% per annum. The demurrage associated with e-gold is arguably expended by the currency operator to help cover real storage costs."Again, in the instance of Bitcoin (or CryptoBullion), we see no 3rd party or centralized authority to levy any such charge. Demurrage principal is entirely unnecessary to the fundamental function of the system. Perhaps in much the same way that physical bullion ownership can be considered private, arguably without any actual storage costs.
VonSpass has covered well ' inflation / deflation ' in the last post, with regards to CBX.
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https://bitcointalk.org/index.php?topic=951753.msg13489229#msg13489229Neither Freicoin or Bitcoin can lend themselves as well to a "shield and spear paradox" of value (in terms of scarcity and rarity):
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https://bitcointalk.org/index.php?topic=951753.msg11901786#msg11901786Currency:
- Medium of Exchange
- A Unit of Account
- Portable
- Durable
- Divisible
- Fungible (Interchangeable)
Money (the above plus):
- A Store of Value
Freicoin is in fact therefore not money, because its Store-of-Value depreciates overtime, as mentioned.
Commodity money, as a Store-of-Value, can always have actual (useful) and perceived intrinsic value i.e. like CryptoBullion.
For example, when comparing the current low gold price against the US dollar or low oil price against the US dollar, we can ask ourselves what has more intrinsic value? A piece of paper or the actual physical commodity. This is the lie that banks, markets and governments have sold to the world. Finite commodities (commodity money) have intrinsic value over currency.
Perhaps, now that PoSP is running for CBX we can start to look more at the intrinsic value of CBX against physical bullion, and members of this community have already demonstrated how this can be achieved collectively, without a central authority.
One crypto-currency which is also starting to lead the way in "Digital proof of ownership" is Emercoin:
http://emercoin.com/EMCDPO 
Poll
