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Cap Ethereum Total Supply, Says Vitalik Buterin

18 pointsby slimshady94about 7 years ago

4 comments

johnrichardsonabout 7 years ago
This is in response to the &#x27;medium of exchange&#x27; problem, which posits that if your token doesn&#x27;t have a sink built into it, it will slowly lose value over time.<p>See this post: <a href="https:&#x2F;&#x2F;vitalik.ca&#x2F;general&#x2F;2017&#x2F;10&#x2F;17&#x2F;moe.html" rel="nofollow">https:&#x2F;&#x2F;vitalik.ca&#x2F;general&#x2F;2017&#x2F;10&#x2F;17&#x2F;moe.html</a>
mabboabout 7 years ago
Stop digging for more diamonds, says DeBeers.<p>Buterin has millions in Eth[0] and the influence to make that digital asset worth more by preventing it&#x27;s supply from increasing. If it starts increasing, it could even turn into a bubble (as people buy it based on its price increasing).<p>In short, this man is not an unbiased person to promote such an idea.<p>[0]<a href="https:&#x2F;&#x2F;www.quora.com&#x2F;How-much-Ethereum-does-Vitalik-Buterin-own" rel="nofollow">https:&#x2F;&#x2F;www.quora.com&#x2F;How-much-Ethereum-does-Vitalik-Buterin...</a>
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appleflaxenabout 7 years ago
I wish this hadn&#x27;t been raised on April 1.
hshehehjdjdjdabout 7 years ago
Oh good. It’s my favorite day of the year.