It's a scheme. They are implying your coins are worth more automatically but it's not true it still relys on demand which they can generate. People think burn half the coins and it will be worth double. But if you burn half the coins in something that has little to no value anyway does it really mean anything? The worst are the projects that start by just burning coins. Lol. Rediculous.
Exactly. Just because coins are burned, doesn't mean they're going to increase in price. Demand is what matters most, and without it, crypto projects will be doomed to failure. I've seen many scarce cryptocurrencies fail in the long run because of the lack of demand. Developers should focus on increasing mainstream adoption on their projects than simply changing monetary policy. BNB is one of the few cryptocurrencies on the market which constantly burns its supply, and provides real use cases to the mainstream world. You just have to choose the "good apples" from the "bad ones". As long as you choose your coins wisely, you'll have nothing to worry about. Just my opinion
