1Confirmation founder: ETH supply has decreased by 0.02% annually in the past two years to 120.40 million
2024-12-29 23:36:05
Nick Tomaino, founder of 1Confirmation, wrote on the X platform, "With the increase in network usage, the supply of ETH has decreased by 0.02% per year over the past two years to 120.40 million. Over the same period, the supply of BTC has increased by 1.83% per year to 19.8 million. To reach 21 million by 2140 is better than trusting central bankers, but usage-based deflation and a vibrant app ecosystem bring economic freedom to the world is better. In terms of fundamentals and sound monetary policy, there is no second best."
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