Re:El Salvador makes Bitcoin legal tender
by fredfoobar on Wednesday June 09, 2021 @07:55PM
(#27454994)
What happens when eth switches to PoS? everyone will be incentivized to hoard and stake to become a validator, what will incentivize spending?
[ Parent
| on HN ]
APY on stacking won't be as good as today. I am not sure everyone will stake once ETH2 rewards will be around 1-2%.
ETH2 won't be deflationary because such things is nearly impossible in a PoS network. You need issuance to rewards validators. It can't be network fees because if network fees are high, the network is doom to fail.