Cap Ethereum Total Supply, Says Vitalik Buterin

  • This is in response to the 'medium of exchange' problem, which posits that if your token doesn't have a sink built into it, it will slowly lose value over time.

    See this post: https://vitalik.ca/general/2017/10/17/moe.html

  • Stop digging for more diamonds, says DeBeers.

    Buterin has millions in Eth[0] and the influence to make that digital asset worth more by preventing it's supply from increasing. If it starts increasing, it could even turn into a bubble (as people buy it based on its price increasing).

    In short, this man is not an unbiased person to promote such an idea.

    [0]https://www.quora.com/How-much-Ethereum-does-Vitalik-Buterin...

  • I wish this hadn't been raised on April 1.

  • Oh good. It’s my favorite day of the year.