Its happening bros!

someone explain like im 5yo

always was, its a gastoken not your fuck the world gubmint 7tps super"currency"

The amount of eth is decreasing since the merge

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which means green line goes up or down ?

no bully pls

Normally, up because of supply/demand, but the way it's crabbing I guess there isn't that much demand

thanx user

The "endless supply" fud really struck a nerve I guess

I'm old enough to remember when they were fud'ing bitcoin as eventually going to die because the inflation rate would drop to 0 so ETH HAD to have a higher inflation rate.

The return on Bitcoin mining needs to:
1) Pay for mining electricity costs
2) Give enough profit to make it worthwhile

If Bitcoin inflation is at or near 0, the transaction fees have to be high enough to make paying for the electricity worth it, otherwise miners drop out. If enough drop out, the security of the blockchain is at stake.

Ethereum ameliorates this with Proof of Stake, because it no longer needs to cover that large electricity cost in its rewards, so less or even 0 inflation is needed.

yes i'm aware of theory even though i disagree with it.

buh-bye miners LOLOLOL