As long as there are other means of producing a DEFAULT and perfectly defined increase in supply, that statement is not correct. And TokNormal knows it perfectly.
Limited supply on its own is worthless and I think you know that. At least the hundreds of dead coins that have limited supply and no hashrate understand it.
I can paint you a picture that I guarantee will be a limited 1 unique unit, but it won't be as "limited" as a piece of fine art from a recognised artist who put a lifetime of effort into going to art school, practicing their technique and garnering increased market recognition. Their painting itself might take months to create whereas mine would have taken 20 minutes.
Both are still limited to a supply of 1. The difference was:
1. effort
2. competition to be the first to purchase the unit from source
In the fine art world, a purchase made straight from the artist is known as the "primary market". It sets the price for all subsequent purchases (which are thenceforth know as "secondary market" trades).
In mined crypto, the "
primary market" price by definition is represented by the cost of the effort required to obtain the coin straight form the blockchain because the role of the protocol is to reflect the level of competing bids for that coin in the cost of mining it. Mining therefore performs the same market function as the gallery system does in the fine art market = attracts competition for the primary supply and sets the guide price.
To some Dash people, this seems an enigma. But only to "Dash" people. It's blindingly obvious to anyone else. They try to promote some conflicted and contorted explanation for mining being dispensable while at the same time accepting that their coin of choice inherits the core protocol of the most intensively mined digital asset on the planet.
Hypocrisy and denialism at its finest. Is it any wonder that we are continuously bypassed by our mined peers who do not similarly through their store-of-value engine under a bus to pay for a service that other networks get for free ? The latest is a joke coin at near its all time low against BTC. If that doesn't crack a few heads into waking up then I don't think anything will.