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1. is a fundamental problem with all deflationary currencies
by api 10y ago
1. is a fundamental problem with all deflationary currencies
- statoshi 10y agoNot really; it's a fundamental problem with extremely tiny currencies that don't have a ton of trading liquidity to absorb large buy & sell orders.
- hackcasual 10y agoEthereum is fundamentally inflationary now, with no clear indication on how inflationary if and when PoS is implemented.
- api 10y agoHow? Does it have no mining cap?
- hackcasual 10y agoCorrect. The plan is to move to proof of stake once that's done.
- DennisP 10y agoWell some indication, it won't be more inflationary than it is now. That's been the promise since the beginning, was actually written in the legal docs for the crowdsale, and the community is unlikely to run software that violates that expectation.
- darawk 10y agoa) Ethereum is not deflationary b) Deflationariness is completely orthogonal to this problem. This is an issue of liquidity, which would exist in an inflationary or deflationary currency equally.