It is, until the speculators understand that this has been severely discouraged in the economic model, and then it will have a liquidity problem.

There is a cascading effect from modeling out speculation that they do acknowledge and don’t care about.

That is called vision.

And delusion.

But I said the same thing about bitcoin being stupid in 2009 here.

> severely discouraged in the economic model

Do you mean the fact that there's a fixed continuous rate of new coin production? Because as they point out in the Grin for Bitcoiners page that's still a continuously decreasing inflation rate (as a percentage of all coins).