Comment by sigwinch
I’m not so sure I buy that. Do nondecreasing counts of NFTs and meme coins account for the psychological source of inflation?
I’m not so sure I buy that. Do nondecreasing counts of NFTs and meme coins account for the psychological source of inflation?
Can’t say for the memecoins and NFTs — but when it goes from just bitcoin to hundreds of different competitive legit coins, that does seem like inflation of money supply.