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What happens to coins that keep burning coins? What happens in 100 years if there’s none left?

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by COINS NEWS 156 Views

So coins like ethereum love to burn the coins. ETH burns 11,042 ETH every day, every minute it burns 7.67 ETH a minute.

So if we keep this up, we’ll run out of ETH in 30 years. So what will happen in say 25 years, there’s 5 years left and there will be no more ETH.

Would the price of ETH be $20,000+?

And coins like pancakeswap that burn so much of the token of week, will they stop burning?

Is this a problem we will face? Is there a solution already? Would the burning process simply be slower because the price of ETH will be higher?

Would more ETH be created if that’d even possible?

submitted by /u/Only1Shock
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