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I'm reasonably sure USD (or EUR) will still exist, have some reasonably similar value, and be usable in five years. Sure, but even with an inflation rate of 2%
by alwillis 7y ago
I'm reasonably sure USD (or EUR) will still exist, have some reasonably similar value, and be usable in five years.
Sure, but even with an inflation rate of 2%, if you hold USD for 10 years, its purchasing power is cut in half.
Every BAT token that’s ever going to exist has already been minted, so it can’t be inflated by creating more of it. There will be no quantitive easing, “too big to fail” or bailouts in the BAT ecosystem.
That almost certainly will not be the case for either the dollar or the Euro.
- erfgh 7y ago> Sure, but even with an inflation rate of 2%, if you hold USD for 10 years, its purchasing power is cut in half. So what will be the purchasing power of BAT in 10 years?
- alwillis 7y agoAs currently constructed, BAT is designed to be used quickly. Nobody should hodl BAT at this point unless we see it gain value and become fully fleshed out. Given that there’s no doubt there will be at least one financial crash with the dollar and other fiat currencies, there’s a more than decent chance BAT will outperform the dollar in the next 10 years, which frankly, wouldn't be too difficult.