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A comment on Ethereum Goerli testnet merge goes live before move to proof-of-stake. Parent comment

Re:Ethereum Goerli testnet merge goes live before move to pr... by AlexCoventry on Thursday August 11, 2022 @10:06PM (#32434034)
You can buy ethereum on an exchange. Essentially they're changing the economic commitment required to participate in the consensus from demonstration of computational work to a monetary stake.
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Re:Ethereum Goerli testnet merge goes live before move to pr... by XorNot on Thursday August 11, 2022 @11:35PM (#32434458)
The end state of that is that all Ethereum winds up being staked. There's no reason not to stake Ethereum if there's no Ethereum inflation, and so the only new source of Ethereum would be PoW-mining.
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Re:Ethereum Goerli testnet merge goes live before move to pr... by ETH_start on Friday August 12, 2022 @02:11AM (#32435168)
PoW-mining is being turned off. The source of new ETH will be ETH holders selling ETH to meet liquidity needs. People cannot save 100% of their income forever.
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Re:Ethereum Goerli testnet merge goes live before move to pr... by Yizahi on Friday August 12, 2022 @05:18AM (#32436169)
Most of it probably. And the more tokens you have the easier is to put majority of them in the stake, also any fees are irrelevant on the large scale operations, unlike the small transfers. So The biggest holders of tokens become the biggest stakers, and thus become the biggest earners. Since the rate of token accumulation will only increase because the of compounding of the tokens in the stake (new profits will be staked too).
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Re:Ethereum Goerli testnet merge goes live before move to pr... by lokar on Friday August 12, 2022 @12:02AM (#32434597)
Won't it end up being deflationary under pow?
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