Ethereum Inflation Crisis

Comparing Rome’s inflation crisis to the US dollar’s inflation crisis is invalid and just straight fear porn.

In Rome, they used gold and inflated it with bronze. America’s currency is backed by public perception. Gold is a tangible utility that has FUNDAMENTAL value. America’s currency has REALIZED value. Big difference.

The Roman inflation crisis can only be compared to the 21st century once cryptocurrencies begin to fork and turn fixed supply assets into infinite assets. The question here is can we do this without hurting the computational power and utility of Ethereum? With the way things are looking for quantum servers, it seems like we can mine more Ethereum without degrading the utility and computational power. Right now if they wanted to make Ethereum’s annual supply higher they would have to either degrade the coin itself, or they’d let the coin be strong, but mining would be inefficient. In 2017 the Ethereum mainnet was almsot destroyed by the amount of people forking the coin, luckily they did not degrade ethereum itself by wanting higher annual supply.

We need quantum servers. Quantum computers and servers will never be used for civilian consumerism in our lifetimes, but quantum technology will be mainstream, but only corporations and governments will be able to use them.

Quantum dollar? Stellar and Ripple are both scams. Monero could have been the only legitimate competitor, but the anonymity aspect of Monero is what caused Ethereum to win. Bitcoin is too fixed that it’ll be challenging to manipulate.

In the near future a conversation about Ethereum needing to have a higher annual supply will come about, just know if you are dumb enough to let them make you think that degrading Ethereum even by half of a percent is acceptable then mankind as we know it is doomed. Push for innovation, not quantitative illusions. The Romans could not find better mines. Our mine is a server that can get exponentially better. But the server will not come about if we are manipulated into thinking that the coin itself should be degraded for a higher supply.

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