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Because it's literally impossible for people to rationally 'invest' in a inflationary currency. Therefore there is no incentive to make one popular.
by BLanen 9y ago
Because it's literally impossible for people to rationally 'invest' in a inflationary currency. Therefore there is no incentive to make one popular.
- vasilipupkin 9y agoIsn't Ethereum inflationary and popular ?
- tromp 9y agoYes, until they switch from proof of work to proof of stake. Which could take another year or two.
- vasilipupkin 9y agoit won't stop being inflationary after they switch.
- UncleMeat 9y agoIf it is useful, then it does not need to have an inflating price. That people think the only reason why a cryptocurrency would ever be popular is if the price rises is a huge problem with the community.