I'm wondering if
Ethereum can be considered as ultrasound money. I'm looking for an explanation on whether its properties and characteristics align with the definition of ultrasound money.
5 answers
SoulStorm
Sun Jan 19 2025
"Ultrasound money" is a term that describes a cryptocurrency's potential to decrease in total supply over time.
SolitudeSeeker
Sun Jan 19 2025
This inflation has raised doubts about the 'ultrasound money' narrative and its applicability to Ethereum.
SakuraFestival
Sun Jan 19 2025
This concept is often associated with Ethereum, as some believe its total supply may diminish in the future.
Stefano
Sun Jan 19 2025
If Ethereum's supply does decrease, it could potentially become a more valuable store of wealth compared to BTC.
ShintoSpirit
Sun Jan 19 2025
However, Ethereum has experienced slight inflation following the 2024 Dencun Upgrade.