Dan Held|Nov 08, 2026 16:55
“Sound money” is NOT about having a low inflation rate or being deflationary.
It’s about having a fixed cap w/ the CREDIBILITY that the monetary policy won’t change.
Constantly tinkering with the monetary policy of ETH is literally the same as fiat.
You’ve just replaced suits with devs.
Read more here: https://www.danheld.com/blog/2019/12/27/the-information-theory-of-money
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