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@ shortwavesurfer2009
2025-05-02 02:14:07
Depends on the unit of measure. Against any fiat currency, Monero is deflationary. Against gold, Monero is deflationary. Against Bitcoin, Monero is inflationary. And against Monero, Monero is inflationary to steady. Monero has a constant tail emission of 0.3 XMR per minute forever, which asymptotically approaches zero and makes up for any coins lost in boating accidents. It also keeps a constant small reward for miners in order to incentivize miners to always secure the chain, no matter what happens with transaction fees. What you end up with is an equilibrium where roughly the same amount of Monero is lost through loss of private keys as is created through the tail emission, which keeps Monero's supply in balance.