I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
As I know, it is said that burning of tokens can support the price as the amount of them decreases, but demand only increases or at least remains sustainable. On the other hand, I don’t know what will happen if all tokens are burned. I think that as soon as the number of them reach a target level, burnings will be finished and people will use tokens that will be already in circulation.