Infinite issuance cryptocurrencies may look similar, but why does the market have such different attitudes towards them? The key lies in a frequently overlooked factor—the time dimension.

Let's start with Monero (XMR). Currently, the circulating supply is about 18.44 million coins, with a new block mined approximately every 2 minutes, each block producing a fixed 0.3 coins. This translates to a daily output of 216 coins and an annual output of 78,840 coins. This number sounds substantial, but over a 50-year period, the total issuance would only be 3.94 million coins. Relative to the current base of 18.44 million, this is an increase of only about 21%—far below the average annual inflation rate of fiat currencies. Even from a super-long-term perspective, the depreciation pressure on XMR remains manageable, providing a solid foundation for value storage.

The key is to recognize reality. Humanity's most valuable resource is actually time; after a hundred years, everyone becomes dust. Instead of worrying about what will happen a thousand years from now, it's more reasonable to consider a 50-year lifespan as a complete cycle, making this the most rational assumption.

Now, let's look at Dogecoin (DOGE). The current total supply is about 168 billion coins, with over 14 million new coins added daily, equating to an annual production of about 5.2 billion coins. When the total reaches 200 billion in six years, the daily issuance will be halved to 2.6 billion coins per year and will remain permanently at that level. Over 50 years, this calculation results in (5.2 billion × 6 years) plus (2.6 billion × 44 years) = 145.6 billion new coins. Compared to the current 168 billion, this is an 86% increase, meaning the coin's value would be halved. Even at an annual inflation rate of 2.6%, this erosion rate appears too aggressive.

Simply put, from a long-term value storage perspective, the two are simply not in the same league. XMR's moderate issuance and DOGE's aggressive release show an increasingly stark difference as time extends.