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Ethereum has changed its monetary policy on the whims of few influential people, including Vitalik Buterin. It is currently deflationary, but now eveyone knows
by throw101010 4y ago
Ethereum has changed its monetary policy on the whims of few influential people, including Vitalik Buterin. It is currently deflationary, but now eveyone knows that this can change overnight if the right (few) people want it.
With this change it further renounced to its chances to be a replacement of Bitcoin, so it won't bury it, and this eulogy is comical at best... like the hundreds of previous ones from other tokens/networks.
Bitcoin has a track record of keeping its fundamental principle intact (fixed supply, verifiable on low-end hardware, no premine/ICO, etc.), and it makes all the difference when it come to be an actual sound form of money.
- acapybara 4y agoBitcoin has died 463 times so far: https://99bitcoins.com/bitcoin-obituaries/ https://99bitcoins.com/bitcoin-obituaries/