I don't understand why so much money is flowing into Ethereum. Given that Ethereum is inflationary, and therefore has no fixed supply - it seems like a terrible long term investment. Can someone please explain why so much money is getting pumped into it right now?
Ethereum is inflationary at the moment. The inflation is 26% a year. From the next year, when it becomes PoS, the inflation is much lower.
I heard the total amount will be kept below 100 million next year. So the price could rise when that become effect.