to have no inflation given that 4.1m tokens are released every month?
For three years I have been staying we have inflation. There are some who think zero token supply growth = zero inflation, but this is just not accurate in crypto when we have circulating / non circulating supply
I mean if the demand is great than the incoming supply every month then no problem I asked this because telos ceo said that there's no inflation with telos So trying to know how true is that claim
There's no increase in the amount of total supply. No new tokens minted. There is an increase in circulating supply but the emissions rate regularly goes down. Also, most of that new supply is quickly locked up in REX Staking or LPs.
People conflate many terms when discussing "inflation" which technically means the increase in prices of goods and services. Whereas prices calculated in TLOS would be highly deflated over the past year. The most accurate is to talk about changes in the value of a specific money supply.
There's no Telos CEO. Justin is the CEO of the Telos Foundation, our marketing and promotional org. If you mean me, I'm definitely not the CEO. More like head cheerleader.
the increase in price of goods and services can be brought about by a nearly limitless amount of factors - supply chain interruptions, public demand, whatever. Inflation =\ increase in price of goods and services.
And as more tokens are released into telos circ supply, the purchasing power of those tokens goes down. i.e inflation. Anyhow we’ve argued on this for 3 years, so agree to disagree- I still think it’s not correct to say telos is non inflationary because no one measures based on total supply, always circulating.
Because inflation in crypto is creation of new money. Here the money has already been created and it's release is now restricted. Making it more predictable and sustainable. Of course there are other types of inflation out there. Personally I'm not a fan of the misapplication of specific technical terms underpinning economic theory within the crypto space. It is misleading.
As talking about Telos CEO, i heard an upcoming Telos project has Telos CEO as advisor right?
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