Re:Kraken to end on-chain staking services for U.S. clients
by kaashif on Friday February 10, 2023 @11:49PM
(#34749700)
> It's deflationary not in a USD sense but that over time there is less and less ETH because it's being burnt.
This isn't what the word deflation actually means though. Deflation is when the purchasing power of a currency increases, and inflation is the opposite.
The purchasing power of ETH hasn't been very stable over time at all. It certainly hasn't been consistently deflationary.
This isn't what the word deflation actually means though. Deflation is when the purchasing power of a currency increases, and inflation is the opposite.
The purchasing power of ETH hasn't been very stable over time at all. It certainly hasn't been consistently deflationary.