this post was submitted on 21 Aug 2023
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[โ€“] explodicle@local106.com 2 points 1 year ago (1 children)

Would I be correct to assume gold sets the upper limit because any higher and people would just store value in gold instead?

Why does the security budget need to be higher than the rate of lost coins?

[โ€“] itsmect@monero.town 2 points 1 year ago

The goal is to create attractive market conditions. Positioning yourself between the historic store of value and the minimum to avoid deflation seems like a good target.