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RE: Web 3 Requires Zero Gas Fees: They Are Talking About Hive Again

in LeoFinance2 years ago

It is funny how for fiat people are usually against inflation, yet the system that is financed through inflation is chosen over the one where everyone pays directly for what they are doing. And don't get me wrong, I feel the same way - Hive model is superior to Ethereum model in that regard. So maybe the problem is not the inflation itself, but its instability caused by politicians. Or one more difference might be the key - with Hive inflation the richest accounts pay the most (are most affected by inflation), but in case of fiat rich people are not rich due to how much money they have in the banks, but due to other assets they hold, and those assets increase in price due to inflation. However, asset management is not free. As a result, in the world of fiat its those that have some money, but not enough to cover asset management costs, that end up paying the most (the middle class).