Re: So Ethereum has an UNLIMITED SUPPLY!? (vs. BTC 21 million hard cap)
"Infinite" Does not mean anyone can print it without limit, it is limited by protocol rules and you know how many coins there will be at any given time in future.
Well, that's not entirely true. Ethereum also has a "burn" mechanism that is not strictly defined as far as I know.
I was thinking more in terms of Monero like projects where there is tail-emission and fixed block reward.Fixed supply as in Bitcoin brings many problems, one of which is losing being permisonless system where you can get bitcoin without asking anyone by mining it (not that it is feasible anymore with big ASIC farms).
Please explain. How does a fixed supply of Bitcoin make it less permissionless? The fact that there is a finite number of Bitcoin doesn't change the fundamental principle that anyone can participate in the network and mine new coins.
You have quoted my answer.... Here's some data that may open your eyes a bit:
https://bitcointalk.org/index.php?topic=5507809.msg64479357#msg64479357