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Eth will hit a stable point of total supply, with both inflationary and deflationary mechanisms mentioned in other comments finding an equilibrium according to
by mxwsn 4y ago
Eth will hit a stable point of total supply, with both inflationary and deflationary mechanisms mentioned in other comments finding an equilibrium according to market forces. It won't deflate forever, so there won't be a centralization death spiral according to your logic.
- uncletammy 4y agoThere is no magic in the mechanism behind ETH's inflation/deflation. If an equilibrium is found, it will be because the appropriate levers are pulled until the desired ratio is reached. It's also worth keeping in mind that the levers needed may not exist within the system. ETH is still a massively ambitious and risky experiment. Anyone who says otherwise is naive or trying to sell you something. That being said, ETH is absolutely the most interesting thing happening in both tech and finance. I hope it works out.