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RE: Why this crypto market collapse is actually a good thing in the long run!

in LeoFinance3 years ago

So what about HIVE? hive has inflation and its based on minting new tokens. and i think inflation is high as well. So what do you think about hive? I love this community and i want to hive last!

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Oh, but the inflation on Hive is absolutely not comparable with the inflation on most Defi projects, don’t worry about that

Can Hive add possibilities in the future to spend the token on the network and burn it out? Something like the cost of advertising or facilities like that

Burning tokens don't do shit, that's a fallacy destroying any supply that is below the amount issued + no added demand is pointless it's just a marketing gimmick to get people to hold a shitcoin longer so the minters can dump on you

If they reduce the circulation. burning is effective

It doesn't, do I have to explain how math and supply and demand works or are you just going to keep beating your head against the wall holding on to fallacies?

I break it down here if you're interested in learning something