Quote from: Ureung jameun on August 19, 2021, 08:20:03 PM

Quote from: philanthropist67 on May 27, 2020, 12:46:15 PM

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 ?

if there have been many examples of deflation tokens will lose price in the future then why do we invest our money into it, because it will only waste time and money if in the end we have to lose our money. invest in tokens that have a good future so that time is not wasted. because already many deflation tokens only give promises and in the end we have to accept false promises.

How can you say that investing in deflationary coin is wastage of time n money. Have you seen how well deflationary coins have performed in current bull run? See example of btc for instance, coin has spiked twice n that's what investors want. If boom is giving good return in short term. Imagine how well it will perform in long term.