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Mus520045049 activity

Mus520045049 commented on was it not 2% .... mmmh, source?

I think you're confusing the 3 percent required reserve ratio against net transaction deposits above the low reserve tranche (I'm referring to the 10 percent required reserve ratio against net transaction deposits above the low reserve tranche level). Here's your source: https://www.federalreserve.gov/monetarypolicy/reservereq.htm

Mus520045049 commented on How that solves it?

Through a fixed, decentralized, supply of only 84 million. One aspect I don't hear mentioned often is that while people are aware that the Federal Reserve prints money they seem unaware that banks do it as well. Effective March 26, 2020 the 10 percent required reserve ratio was changed to zero. This means that banks effectively have become their own "mini" federal reserves with almost no limitations on how much. currency they create through loans (except the applicable lending laws).

Mus520045049 commented on 2% LTC's being losP per yr?

The estimations are all over the place, but 1.5% feels safer than the 4% Cane Island Digital Research estimates of BTC is lost each year. The more conservative estimate would be closer to around 0.5%, but when you factor in the larger amount lost during the early years, that doesn't seem correct.

Mus520045049 commented on but how do 1.8% make it deflatiomary?

This would actually depend on how you define "deflationary crypto." If you are being purely technical, it wouldn't be absolutely deflationary until the final block is mined. A slightly less severe definition (more accurate?) would be when the estimated amount lost per year exceeds that which is being created which will occur prior to the final block is mined. The loosest definition would be when the mining reward is slashed enough to impact the supply in the market enough to create a supply/demand imbalance.