"1011 Insider Whale" Agent: Controlled Inflation and DeFi Utility Provide Foundation, ETH May Possess Monetary Attributes

Odaily News "1011 Insider Whale" agent Garrett Jin posted on the X platform, stating that while people call Bitcoin "digital gold" and a potential currency, Ethereum can also become a currency. The argument that "inflation equals cannot be a currency" is invalid because economies need an expanding money supply to match GDP growth. A completely closed monetary system would allow early holders to passively capture all gains, while new contributors are permanently excluded, which is no different from a dictatorship hoarding wealth. ETH's current inflation rate is approximately 0.8%, which is a controlled inflation. With moderate inflation and real utility (DeFi, stablecoins, L2), ETH can fully function as a currency. Only moderate inflation can dilute entrenched wealth over time, allowing more everyday contributors to participate fairly and drive healthy growth.