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RE: Hive Vs Ethereum: Burning Money

in LeoFinance3 years ago

The excitement around ETH burning is a bit exaggerated IMO.

Rough estimates are that we will see 2M ETH burned next year but 4.8M ETH will be issued that same year.

ETH is still inflationary...

I can see Hive beating ETH in the sense of Daap deployment and usability. Free transactions are always better than a few bucks per transaction.

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If they can get it down to a few bucks per transaction.

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It would also bring the burning rate down so I doubt they will even try.

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Very good point. That is something that I hadnt considered.

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