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A comment on Dogecoin decides to allow annual inflation of 5 billion coins each year, forever. Parent comment

Re:Dogecoin decides to allow annual inflation of 5 billion c... by iwwr on Sunday February 02, 2014 @04:16PM (#7167623)
The inflation rate over time will actually tend to zero, since each additional 5bn coins represents a smaller proportion of the total amount. A constant quantity over time translates into a decreasing rate of inflation.
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Re:Dogecoin decides to allow annual inflation of 5 billion c... by mpyne on Sunday February 02, 2014 @06:00PM (#7167989)
That's not accounting for lost coins (either because the wallet is lost or the owner is prevented from spending them).

The idea in the github thread seems to be that the 5% inflation should approximately cancel out the unknown loss of coins that would be going on.

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Re:Dogecoin decides to allow annual inflation of 5 billion c... by iwwr on Monday February 03, 2014 @12:47AM (#7169069)
That's also insufficient over the long term since coins are lost as a proportion of the total per unit of time.
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