CookieJarObserver@sh.itjust.works to Dank Memes@lemmy.world · 2 years agoA good reminder that NFTs are shitsh.itjust.worksimagemessage-square380fedilinkarrow-up11.55Karrow-down176
arrow-up11.47Karrow-down1imageA good reminder that NFTs are shitsh.itjust.worksCookieJarObserver@sh.itjust.works to Dank Memes@lemmy.world · 2 years agomessage-square380fedilink
minus-squaredroans@lemmy.worldlinkfedilinkarrow-up2·2 years agoExcept it’s inherently heavily deflationary. It’s a currency that no one wants to use as a currency because the price is too volatile.
minus-squaredx1@lemmy.worldlinkfedilinkarrow-up1arrow-down2·edit-22 years agoWhat is deflationary? Basically every crypto has a different issuance algorithm. None of them are “inherently” deflationary or inflationary, assuming you mean “deflation” in terms of price vs. other goods, and not supply terms.
Except it’s inherently heavily deflationary.
It’s a currency that no one wants to use as a currency because the price is too volatile.
What is deflationary? Basically every crypto has a different issuance algorithm. None of them are “inherently” deflationary or inflationary, assuming you mean “deflation” in terms of price vs. other goods, and not supply terms.