I've been thinking about the "YoU CaNt VeRiFy FoR InFlaTiOn BuGs" argument.

To me, honestly, without even looking at the code. This arguments fall apart because you ALSO cant verify the supply of ACTUAL circulating cash in the economy

But still, too much cash would have an obvious inflationary effect on the currency if that was the case. The value would be in a downwards trend

s/To me, honestly, without even looking at the code. This arguments fall apart because you ALSO cant verify the supply of ACTUAL circulating cash in the economy/To me, honestly, without even looking at the code. This arguments fall apart because you ALSO CAN NOT verify the supply of ACTUAL circulating cash in the economy/

It's not even that bad, though.

You can verify the supply of Monero at any block, it just requires some trust in code/math.

But it's able to be audited, and follows a predictable and pre-defined emission rate, unlike cash/fiat.

That's one of the advantages of digital cash with a public ledger -- privacy benefits of cash, auditability and openness of cryptocurrency.

<sethsimmons> "But it's able to be audited, and..." <- This is very underrated. Even if you consider an inflationary asset, it wouldn't be as bad if the inflation rate was constant. But here we are with an asset that is even better.