Re: So Ethereum has an UNLIMITED SUPPLY!? (vs. BTC 21 million hard cap)
I was curious about ethereum's supply compared to bitcoin's famous 21 million Max. supply.
Everyone knows about bitcoin 21 million max supply because people always talk about it but I never hear anything about the supply of ethereum.
So I went to Coinmarketcap to check out the stats. Notice under the supply for ethereum it shows an infinity symbol!
So ethereum is no different than the unlimited supply of fiat? Then what's the point of it as a long term investment?
Might as well just hold onto your dollars or whatever other fiat you have. I'm glad I never put any money into ETH or any other shipt coin.
https://coinmarketcap.com/currencies/ethereum/
Everyone knows about bitcoin 21 million max supply because people always talk about it but I never hear anything about the supply of ethereum.
So I went to Coinmarketcap to check out the stats. Notice under the supply for ethereum it shows an infinity symbol!
So ethereum is no different than the unlimited supply of fiat? Then what's the point of it as a long term investment?
Might as well just hold onto your dollars or whatever other fiat you have. I'm glad I never put any money into ETH or any other shipt coin.
https://coinmarketcap.com/currencies/ethereum/
You know what I never realized that about ETH surely even more of an argument for Bitcoin now. The finite supply makes it so rare and attractive. Although I do still like ETH and as the second largest token I don’t think that infinity mining amount is so bad because to many folks point there are a lot that are burned out there.