Clever indeed. Not many people know that Ethereum has no cap. They could literally issue as many tokens as they want! Sounds like a familiar story? The American dollar.
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Clever indeed. Not many people know that Ethereum has no cap. They could literally issue as many tokens as they want! Sounds like a familiar story? The American dollar.
The fact that Goldman Sachs and JP Morgan among others are backing Ethereum should ring alarm bells to any likely investor. Look at it's price in the last month or so. They dumped it took all the n00bs money with them. Buyer beware of any coin that is partially pre-mined also.
Ethereum miners and developers have a vested interest in higher prices. Even if supply is unlimited, the major of entities involved benefit from higher prices.
agree 100%