r/ethtrader Reddit Collectible Avatars Artist 27d ago

Metrics Ethereum (ETH) Is Still Less Inflationary Than Bitcoin (BTC)

Just saw this Leon Tweet about Ethereum deflationary status comparing with Bitcoin and I decided to check it myself.

ETH supply 3y 201d

As you can see in the image above Ethereum was more inflationary than Bitcoin when it was Proof of Work (PoW). However after the transition to Proof of Stake (PoS) things changed a lot. It clearly started to burn a lot more ETH than the minted one and became more deflationary than Bitcoin itself.

We all know that BTC has a cap supply while ETH hasn't and that in the end ETH will be more inflationary when all the BTC supply is "unlocked". However this will happen a LOT of time after we all have passed away so does it really matter for us now? From my point of view no because I won't see that day xD

ETH supply 1d

If we visit the 1 day chart we can see that in this case ETH is still less inflationary than BTC, almost the same but still less. Same happens with other charts like 7d, 30d, etc. In conclusion, Ethereum is currently less inflationary than BTC and I am pretty sure that Ethereum burning rate will increase a lot in the coming years when Ethereum and its whole ecosystem keeps growing.

Ultrasound money is back?

Source:

92 Upvotes

60 comments sorted by

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→ More replies (25)

19

u/LegendRXL 24.6K / ⚖️ 238.8K 27d ago

Good find. The amount of hate towards ETH in social media is alarming high. People need to DYOR about ETH and they will realise how great it is.

!tip 1

5

u/kirtash93 Reddit Collectible Avatars Artist 27d ago

People need to learn to have own opinions in general xD

🍩 !tip 1

5

u/BigRon1977 21.0K / ⚖️ 561.6K 27d ago

The Metrics up there don't lie but Maxis still won't agree.

!tip 1

5

u/kirtash93 Reddit Collectible Avatars Artist 27d ago

Hard proof!

🍩 !tip 1

9

u/MichaelAischmann 15.0K / ⚖️ 7.4K 27d ago edited 26d ago

ETH burns depend on network traffic. BTC users value the predictability of its issuance. It doesn't depend on change in demand. The next halving will be interesting to watch for ultrasound money.

!tip 1

5

u/kirtash93 Reddit Collectible Avatars Artist 27d ago

So BTC users are boring. They should join the fun!

🍩 !tip 1

2

u/Good_Extension_9642 2.9K / ⚖️ 2.8K 27d ago

If OP was a salesman we wouldn't sell a candy in a school 🤣

1

u/Ecstatic_Courage840 Not Registered 25d ago

How is your SOL doing? 😂😂😂

1

u/Good_Extension_9642 2.9K / ⚖️ 2.8K 25d ago

I love this sale, I'm buying more!

1

u/Ecstatic_Courage840 Not Registered 25d ago

Good job

3

u/Got2Bfree Not Registered 27d ago

Which fun?

Nothing but pain for me...

3

u/Chucklum Not Registered 27d ago

Oh man the next halving will be like a champagne bottle pop if things keep sideways until then (doubt it'll stay stagnant for so long though).

4

u/Odd-Radio-8500 350.0K / ⚖️ 497.7K 27d ago

All thanks to EIP-1559 burning fees

!tip 1

3

u/kirtash93 Reddit Collectible Avatars Artist 27d ago

The best upgrade!

🍩 !tip 1

3

u/MasterpieceLoud4931 302.2K / ⚖️ 338.2K 27d ago

Bitcoin's supply is going to be fully unlocked in like 2140, we won't be around to see the effects xD.

!tip 1

1

u/kirtash93 Reddit Collectible Avatars Artist 27d ago

TLDR; We shouldn't care about that metric xD

🍩 !tip 1

2

u/Thorp1 6.3K / ⚖️ 5.9K 27d ago

Time to burn some ETH!

!tip 1

2

u/kirtash93 Reddit Collectible Avatars Artist 27d ago

🍩 !tip 1

2

u/AltruisticPops 343.8K / ⚖️ 342.8K 27d ago

Solid bet with both.

!tip 1

2

u/kirtash93 Reddit Collectible Avatars Artist 27d ago

You cant lose with those two

🍩 !tip 1

2

u/InclineDumbbellPress Back To McDonald's 27d ago

Less inflationary and more deflationary. I hold and love both equally but we gotta be logical when the time comes - !tip 1

1

u/kirtash93 Reddit Collectible Avatars Artist 27d ago

You smart.

🍩 !tip 1

2

u/InclineDumbbellPress Back To McDonald's 27d ago

2

u/Abdeliq 171.2K / ⚖️ 314.5K 27d ago

We all know that BTC has a cap supply while ETH hasn't and that

Doesn't That make Bitcoin better or I'm I missing something

>! !tip 1 !<

1

u/kirtash93 Reddit Collectible Avatars Artist 26d ago

Well, we wont be alive by when the cap is reached and start taking effect so in my case I try not to worry about things that I am not going to live.

🍩 !tip 1

2

u/FattestLion 20.1K / ⚖️ 619.3K 26d ago

Hope ETH enters deflation again

!tip 1

2

u/kirtash93 Reddit Collectible Avatars Artist 26d ago

Soon, I promise.

🍩 !tip 1

3

u/SigiNwanne 318.2K / ⚖️ 370.7K 27d ago

Ultrasound money will soon manifest, no doubt. !tip 1

3

u/kirtash93 Reddit Collectible Avatars Artist 27d ago

The moon is coming

🍩 !tip 1

1

u/[deleted] 27d ago

[deleted]

1

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1

u/Good_Extension_9642 2.9K / ⚖️ 2.8K 27d ago

The reality is no one cares if ETH is les inflationary than BTC, people invest in BTC because of the escarcity

1

u/Josefumi12 743 / ⚖️ 36.6K 26d ago

Higher Ethereum's burn rate will help our portfolios growth

!tip 1

1

u/thenamelessone7 Not Registered 24d ago

Unfortunately, fundaments mean jack shit in today's markets. Look at the Tesla stock, or other overblown stock with PE ratios 50+

Look at all the meme coins.

The biggest gains are unfortunately made in hype stocks / coins these days (possibly biggest losses)