> That kind of monetary expansion is not possible with Bitcoin, which is entirely the point. Yes, which is (one reason) why all of these new projects and initi

> That kind of monetary expansion is not possible with Bitcoin, which is entirely the point. Yes, which is (one reason) why all of these new projects and initiatives skip Bitcoin altogether and instead invent new tokens and coins for each new project. Bitcoin may not be expanding the Bitcoin supply, but the overall coin supply in the cryptocurrency world is absolutely exploding. New cryptocurrencies pop up every day and each new project mints new coins for arbitrary reasons (so their founders can keep most of them, usually). Why can’t I just pay for a Web3 service using existing Ethereum? Why must we first trade some coin for arbitrary tokens and then pay for the service? The answer is because the founders and early adopters want to cash out as much as possible as quickly as possible, and the fastest way to do that is by minting new coins.