Is my math correct? Current price, btc .0050903 roughly $2.10 = 2100 EC. If servers were online 75k tokens per month would generate at this price $157 500.00 you'd need to have 157,500 000 entries to burn that amount.
Do you guys have use cases that require millions of EC's per month? just curious:)
When the Factom explorer went live on 09-01 there were about 8759965.42635400 factoids. Now there are
8753230.36770280.
So around 6700 burned in a little more than 6 months or about 1000 per month. And not much is going on but testing.
Point being, I suspect we'll be seeing deflation before too long despite the 73,000 factoids being created per month.
ATM, there s no 73k Factoids created per month. Current inflation s 0. This inflation scenario will kick in the future to balance supply and demand.