3min chapter

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ETH Is NOT Ultrasound Money with Jon Charbonneau

Bankless

CHAPTER

ETH Burn Isn't Necessary

With proof of stake, the supply of Ether is the easiest it's ever been to burn because of in nature of how it's at the ether supplies. The more supply there is of Ether, the easier it is to burn and the lower supply there is  of Ether, the harder it is to burning. So like to think that we must be deflationary now and for forever is naive and you're misunderstanding about how these economics work. And I think something like this is very far off on the understanding of why issuance is important.

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