Cryptocurrency Q&A Is ethereum ultrasound money?

Is ethereum ultrasound money?

Silvia Silvia Sat Jan 18 2025 | 5 answers 569
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. Is ethereum ultrasound money?

5 answers

SoulStorm SoulStorm Sun Jan 19 2025
"Ultrasound money" is a term that describes a cryptocurrency's potential to decrease in total supply over time.

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SolitudeSeeker SolitudeSeeker Sun Jan 19 2025
This inflation has raised doubts about the 'ultrasound money' narrative and its applicability to Ethereum.

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SakuraFestival SakuraFestival Sun Jan 19 2025
This concept is often associated with Ethereum, as some believe its total supply may diminish in the future.

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Stefano Stefano Sun Jan 19 2025
If Ethereum's supply does decrease, it could potentially become a more valuable store of wealth compared to BTC.

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ShintoSpirit ShintoSpirit Sun Jan 19 2025
However, Ethereum has experienced slight inflation following the 2024 Dencun Upgrade.

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