William: V God was besieged again because of the "limited total amount" problem

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It's really fun to push people in black, all kinds of things.

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It's also kind of mocking.

The above is probably the mockery of Bitcoin enthusiasts on Ethereum.

It has to be said that the limited total amount is the "dogma" of Bitcoin supporters. Whoever dares to say that it is not good must criticize it.

However, I feel that the limited amount of Bitcoin is of course good, but it is other people's business to question others and the unlimited amount of others, and there is nothing to attack each other.

In the end, Vitalik sent a tweet to clarify that Ethereum did not increase issuance so suddenly. In fact, the increase is still limited:

Although not inflated by much, it is still inflationary, and the total amount is still not limited.

But I think this does not prevent Ethereum from still being valuable.

I think that for cryptocurrencies that are positioned as "currency, assets, and stored value", it is definitely better to have a limited total amount. After all, it will not depreciate due to over-issuance, which will make people more willing to own this currency for a long time. assets.

The so-called "rare things are more expensive", if you want to continue to appreciate in value and hope that people will feel more and more "you can't buy anymore", then the limited amount must be the best story, and it is also the easiest for people to buy. Agree on it.

When a thing can no longer be "issued" and "manufactured", it is extremely easy for people to reach a consensus that "it will become more and more expensive".

This is a good thing for holders.

But for "application tokens", such as public chain tokens like Ethereum, whether the total amount is limited may not be so important. Appropriate inflation, as long as it is conducive to ecological development, is a good thing.

It should be said that the total amount of all projects that intend to take the "PoS route" should be theoretically unlimited.

The saying that the total amount is limited does not mean that it has value. Similarly, the matter of "unlimited additional issuance" does not mean that it has no value.

The economic models of the recently popular DeFi projects are also very interesting. If you plan to invest in hot projects, studying the economic models may also be a very important step.

Of course, what I’m talking about is investment. If it’s stud short-term, in fact, this joke is more useful:

Originally, you are betting on the ups and downs in the next second, so it is the correct operation to bet on the emotions and FOMO of other retail investors without thinking.

If you study fundamentals and discuss technology to bet on the next second's rise and fall, isn't that nonsense.

Therefore, many people look down on others who are "rushing", and they are completely betting on size. In fact, it is wrong. Many people are "rushing", just betting that they are faster than others.