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Yeah, the “defoliation” analogy seems the opposite to what is actually happening. The creation of many cryptocurrencies is akin to money supply inflation, not
by SkyMarshal 5y ago
Yeah, the “defoliation” analogy seems the opposite to what is actually happening. The creation of many cryptocurrencies is akin to money supply inflation, not deflation.
- BenoitEssiambre 5y agoWell as long as the ecosystem is constantly creating new tokens in proportion to the growing economy sure, things should be fine. A deflationary coin becoming mainstream and dominant is what should raise red flags. I don't see a lot of crypto people working to prevent it from happening.