That's certainly a conversation that we could do with having. A currency needs to be able to have a use case, but how do you keep the value up without an asset to peg it to? I'm also curious as to what happens in 2035 when the production stops. Presumably that means no more reward pool, so how do you earn Hive through blogging then?
You are viewing a single comment's thread from:
It's going to stop? And there I was with the impression that it was just going to slow to a tiny trickle, as I tend to have an aversion to cryptos with a hard cap ^_^;
You're correct.
Oh yay, thanks for letting me know :)
It's not fully going to stop, it will halt at 0.5% yearly inflation compared to the currently ~7%. Meaning if there are 1b hive coins out there only 5 million new Hive will be created yearly along with HBD.
Now that makes more sense. Thank you for clarifying.
Aren't we all living on Mars by then, anyway?
Just kidding. 20 years sounds like ages to me but interesting to learn this. I had no idea.
I'm too old to want to be moving that far. 😆 Halfway across the world was enough.
Haha, I get it! And you're not that old :>)