(Like Bitcoin’s 21 million), whether a coin has a maximum supply or (like Ethereum) a coin is infinitely inflationary, this has significant effects on that coin’s usage. Just as people tend to save that which is limited in supply, and tend to spend that which is inflationary in supply. This leaves the question, "which side of the tracks does up-and-coming cryptocurrency Dash fall on?"
This video explains Dash’s coin emission rate in detail:
One reason currencies that are limited in supply encourage potential investment (savings) in the long-run is that — should need for said currency either remain the same or increase, the value of the currency will also increase. Such that holding the currency becomes almost an investment in and of itself.
Alternately, the reason currencies which are infinitely inflationary encourage spending in the long-run is that — should need for said currency remain the same or simply not go beyond the inflation rate, the value of the currency will drop. Holding the currency becomes a slowly unsuccessful game, and thus people tend to drop the coins like hot potatoes.
If a currency should be capped or infinitely inflationary has been a blazing economic debate for at least a century. The debate has even been given a main stage — viewed millions of times... in a “Keynes vs. Hayek Rap Battle.” Popular 20th century economist John Maynard Keynes, who claimed that “hot potato” currencies were the way toward prosperity, and F. A. Hayek, another popular economist believed the opposite. Hayek claimed that investments were required for prosperity, and that a currency which prompts savings achieves this.
Captivating to watch, the cryptocurrency industry contains some coins which supports Hayek’s philosophy, and other coins which supports Keynes’ philosophy.
Will one win out over the other? Only time will tell. In the realm of Dash, it seems that Hayek’s philosophy is held superior.
I saw a similar argument that Steem is infinitely inflatable. I don't understand the ins and outs of Steemit enough to know if that's true. I'm hoping it's wrong but I have faith this will take off eventually.
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I like your post because I'm a big fan of Dash but I think the first picture belongs to a different Coin. :)
Dashcoin is a fork of Bytecoin that eliminated the Premine. It is now almost forgotten: https://coinmarketcap.com/currencies/dashcoin/
Worth it for the rap alone! Not sure how many people will love an Econ rap, but I sure did!