Khanto Blackhand on Nostr: So infinite supply is bad because it devalues currency. Same with gold if we get an ...

So infinite supply is bad because it devalues currency. Same with gold if we get an asteroid with enough gold to give to everyone every three months it makes gold worth less and less as a currency.

I don't have an issue with people using their currency to buy whatever they want. But Monetos only good use is to buy illegal stuff now. It devalues everytime there's an issuance of coins.

Also Bitcoin has privacy it all depends on the persons OPSEC. You can't tell me who's coin is whose just by seeing the blockchain. You cant tell me who's who on the lightning network. Same principles on liquid etc. I care about privacy that's why I support grapheneOS, QubesOS, TailsOS, I2P, etc. I also support expansion of protocols like Nostr and using more decentralized options.

Making the blockchain clear for people to audit the supply is important to make sure everyone is playing by the rules. If not it can cause bad issues for the future. Monetos obscurity makes it harder to audit, but good for hiding. But who's to say someone isn't duping transactions while making the supply look the same.