 | We hate FIAT here because the extra supply as a result of money printing causes the value of our money to decrease over time. Conversely, we love Bitcoin and Ethereum for low inflation supply. But if you look closely, most alt coins have lots of supply inflation. I am not talking here about projects where staking benefits outweigh the supply inflation rate. This is true for Polkadot, for instance. That is fine. Not staking is your own fault. But many projects just straight up have very high supply inflation that is not covered by staking at all. I never see this supply inflation issue mentioned, while the FIAT supply inflation is mentioned all the time. Let me give some examples:
XRP has 12.7% inflation. No staking. But they do XRP burns every now and then, thanks u/n1ghsthade.
Link has 15.20% inflation. Not covered by staking.
Filecoin has 91.92% inflation. The inflation was over a 100% when I checked it last month. Not covered by staking.
Sand has 48.55% inflation. Not covered by staking.
288.54% inflation? What the fuck is this?
209.93% inflation??? I could list so many more projects, its just ridiculous. These are all top crypto projects. Most holders are probably not even aware that the supply inflation is so high. If we mock FIAT for its supply inflation, which we should, then we should absolutely HATE all these crypto projects, because their inflation rate is higher than that of most FIAT currencies. [link] [comments] |
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