1confirmation founder: The supply of ETH has decreased by 0.02% annually over the past two years, dropping to 120.4 million coins
Nick Tomaino, the founder of 1confirmation, posted on platform X saying, "With the increase in network usage, ETH's supply has decreased by 0.02% annually to 120.4 million over the past two years. Meanwhile, BTC's supply increases by 1.83% each year reaching 19.8 million and will reach 21 million by the year 2140. This is better than trusting central bank governors but having deflation based on usage and a vibrant application ecosystem that brings economic freedom to the world is even better. In terms of fundamentals and sound monetary policy, there is no second best."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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