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BTC (2%) and ETH (4.5%) are both inflationary right now and have never been deflationary. BTC will be inflationary until about 100 years from now. ETH is a bit
by Sargos 6y ago
BTC (2%) and ETH (4.5%) are both inflationary right now and have never been deflationary. BTC will be inflationary until about 100 years from now. ETH is a bit more complex but in about a year when it switches from proof of work to proof of stake the inflation will drop to <1%. When EIP-1559 is implemented next year then most of the transaction fees are burned which will likely drop the inflation rate into the negatives which will turn Ethereum into a deflationary asset.
- IronRanger 6y agoYou forgot USD (30%)
- nabla9 6y agoDeflation = value of money increases. Inflation = value of money decreases. Sargos seems to be confusing 'inflation' and 'monetary inflation' (increase in money supply).
- hanniabu 6y agoIn the crypto world inflation/ deflation refers to change in supply.
- ARandumGuy 6y agoSo it's another area where cryptocurrency enthusiasts just decided to change the meaning of some words? Like they did with fiat?
- csomar 6y agoI don't think the words deflation/inflation are linked to money. A ball can deflate, which has nothing to do with the value of the ball or money.
- andrethegiant 6y agoI thought BTC had a hardcoded cap of 21M coins? How could its supply change?