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There is always confusion when discussing deflation and inflation because there are multiple definitions. There is a inflation/deflation which refers to the siz
by wuliwong 5y ago
There is always confusion when discussing deflation and inflation because there are multiple definitions. There is a inflation/deflation which refers to the size of supply and then price inflation which refers to the cost in some other fiat currency. The former is simple and clear, the latter depends on other variables.
- yholio 5y agoEthereum is deflationary by both definitions, the market value increases while the rate of disbursement decreases with time.
- tromp 5y agoRegarding supply behaviour, you're confusing deflationary with disinflationary (yearly inflation rate going down toward 0).
- yholio 5y agoYou are ignoring the large amounts of coin that are taken out of circulation by software and hardware bugs, owner death or amnesia, intentional destruction by transfer to unspendable addresses. For bitcoin, by credible estimates we are already talking about millions of coins.