Quote:
Originally Posted by Canadianman
ETH doesn't currently have a hard cap, it has a cap on how much can be created per block (which declines over time).
Also EIP 1559 and ETH 2.0 are set to alter this substantially.
Most non-meme coins have a fixed supply and/or a set progression for new coins to be minted.
I am starting to remember why I keep leaving this thread. It seems to just be a dumping ground for drive-by comments made by people with a very low level of knowledge about cryptocurrency. *not directed at you Izzle *
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Thing is, I do want to understand. For the most part I rely on forums such as CP to read up on it. I could read the white paper but I'm not smart enough to understand. The other guides on the internet that dumb it down read as fan boys pumping Bitcoin tires.
From what I read about ETH, it makes sense to me. Much more so than Bitcoin. I would be comfortable putting a few dollars into ETHX.B to gain exposure to ETH. But I wouldn't for Bitcoin. Bitcoin is too energy intensive to be a daily currency and it's too volatile to be a store of value.