Post
Topic
Board Altcoin Discussion
Re: Report ETH for SCAM because $80 fees
by
Tash
on 05/02/2021, 17:32:15 UTC
I think traditional banking is cheaper than certain blockchains lately.  Cheesy Use Doge. I heard it is cheap af to send money on doge. (till it is not at least)



Doge is all nice and good, but inflation of over 4% is worse then fiat. Doge, no reward halving unlimeted supply same as Monero, Ethereum....

Average fiat inflation rate is 2.3% (purchasing power loss)

WTF is this? Do people in this forum even understand the meaning of the word "inflation"?

https://en.wikipedia.org/wiki/Inflation

The number of coins in circulation HAS NOTHING TO DO WITH INFLATION. inflation is simply put a market situation, when demand exceeds the supply. That market phenomenon causes general price level of goods and services to rise.

Extremely high demand for ERC-20 token transactions has caused transaction fees to skyrocket. That's how market economy works.

Good luck some people deserve everything they get.
The amount of money in existences with new money printed has nothing to do with inflation, LOL
The amount of coins in existences with new coins mined has nothing to do with inflation, LOL LOL