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They aren't vulnerable in the same way, at least. With nearly every cryptocurrency (with exceptions like Dogecoin), new units of currency enter circulation in a
by Karunamon 5y ago
They aren't vulnerable in the same way, at least. With nearly every cryptocurrency (with exceptions like Dogecoin), new units of currency enter circulation in a predictable and ultimately, limited way. Vitalik can't conjure a million ethereum out of thin air tomorrow, but any government can spend a ton of money and attempt to cover their costs with newly printed currency.
Basically, you're trusting the market to not debase your currency instead of a single issuer.