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by gammateam
2736 days ago
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There seem to be two minds from Ethereum developers, Vitalik especially echoing them. Ether is gas, fuel needed on the Ethereum highway. He wants and does things so that less fuel has to be used, leading to a massive supply glut. This means extremely cheap Ether. At the same time he does things like reducing the block reward from 3 eth to 2 eth, in a seemingly desperate attempt to constrict the supply and stem the cheaper and cheaper prices of eth. Who complains about cheap gas? Long-only speculators. Nobody within the economy complains about cheap gas. |
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