RE: Ethereum Will OutPace Bitcoin's Value and Versatility and it's Canadian Eh?

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Ethereum Will OutPace Bitcoin's Value and Versatility and it's Canadian Eh?

in ethereum •  7 years ago  (edited)

Inflation rate means nothing as less and less token will be mined when pos comes to play. ether will pass bitcoin at some point if not will stay on par with it as we see more uses.

and usa and china theos are not regulations thos are out right bans most country's are not looking to ban but regulat

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The 2017 inflation rate is around 15%, and as you can see from the graph we have quite a bit of issuance to go.

We are only in year 3, by year 6 there will be close to 200M ethers. This issuance is independent of the method in in which they are created, POS can potentially release the same amount of coins per block in reward compared to mining.

It is possible that one of the proposals to lower the inflation rate might be enacted before or during the roll out of POS, but it would be a deviation from the intended rate.

source: https://blog.ethereum.org/2014/04/10/the-issuance-model-in-ethereum/

It sounds like lowering the inflation rate would only have a minimal impact then?

I think you are right, and the more popular it gets, the more it will be used and the more valuable it will become as it is mined. Sounds like a good time to invest.

yes i think it is. ether is being accepted mainstream

so awesome!!