Bitcoin VS Ethereum Inflation | 2015 - 2023

in #btclast year

A lot has been said about the inflation rate of these two.

Bitcoin - sound money!
Ethereum - ultrasound money!

These has been the narratives.

When we plot the yearly inflation for each date since the beginning of the Ethereum chain in 2015 we have this.

image.png

The inflation for both of these have obviously went down in the period, and for Ethereum has went down even more.

Actually in the last period the Ethereum supply has been negative, while the Bitcoin inflation is around 1.7%. By the look of this Ethereum is now beating Bitcoin when it comes to inflation. BUT! One thing that is know for Bitcoin is that its inflation will keep going down, and the next year there will be another halving that will bring the Bitcoin inflation bellow 1%.

Ethereum on the other hand has reduced its base inflation from 4% to around 0.4% with the transition to proof of stake, and then additionally depending on the burns that happens from transactions fees this is reduced further and is now in the negative. Bitcoin will go bellow the Ethereum base inflation of 0.4% after the halving in 2028, and will be around 0.3%. On the other hand for Ethereum it is not know what will be the exact inflation at the time, it might be negative but also might be positive depending on the activity on the network. So for the next five years ETH will have edge for the lower inflation for sure, and after that it is unknow. This is what gives Bitcoin the advantage. The predictable model for its supply.

Sort:  

ETH will be always an uncertain asset while BITCOIN not

Their fees are too high, for me.
I refuse to use them.

Bitcoin - sound money!
Ethereum - ultrasound money!

In my mind, neither of them count as money. Because money is something you can use to buy a cup of tea or a bag of groceries. And you can't do that with these. If if the store accepted BTC or ETH for payment, it would be ridiculous to try because of the transaction fees.

Same as you can buy stocks, a house, or a car with money, you can buy these cryptos - and hope to sell them for more money at a later date. But unlike Hive and other fee-less currencies, they can't be used as/instead of money, since it'd cost too much.

My previous @v4vapp proposal has expired. I have a new one which is running but unfunded right now. I'm still running @v4vapp and all my other services.

I've just updated v4v.app and I'm getting ready for some exciting new features after the next hard fork.

Please consider asking your friends to vote for prop #265 or consider unvoting the return vote.

For understandable reasons in the current crypto climate it is harder to get funded by the DHF, I accept this so I'm asking a wider audience for help again. I will also redraft this proposal with more details (coming soon). I'm also looking for other funding sources.

Additionally you can also help with a vote for Brianoflondon's Witness using KeyChain or HiveSigner

If you have used v4v.app I'd really like to hear your feedback, and if you haven't I'd be happy to hear why or whether there are other things you want it to do.