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?
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