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Ethereum is INFLATIONARY. Ethereum is DEFLATIONARY. Who is right in this? Not surprisingly… BOTH ARE takes are right because Ethereum is ULTRA SOUND MONEY.
Before the Merge on Sept 6, 2022, when Ethereum went from Proof of Work to Proof of Stake, SUPPLY of Ethereum kept increasing at 4.5% annually. Back then, that rate was slowed due to new burning mechanism (EIP-1559 more on this later). But how does Ethereum go both inflationary and deflationary? Well, it depends on usage. Lets jump into it.
More details below!
https://www.youtube.com/@CryptoMarketSummary?sub_confirmation=1