Odaily Planet Daily reports that the “1011 Insider Whale” agent Garrett Jin posted on the X platform stating that people refer to Bitcoin as “digital gold” and a potential currency, but Ethereum can also become a currency. “Inflation equals the inability to be a currency” is not a valid argument because economies need an expanding money supply to match GDP growth. A completely closed monetary system would passive ly benefit early holders while permanently excluding new contributors, which is no different from a dictatorship hoarding wealth. ETH's current inflation rate is about 0.8%, representing a manageable inflation. With moderate inflation and real utility (DeFi, stablecoins, L2), ETH can fully serve as a currency. Only moderate inflation can gradually dilute entrenched wealth over time, allowing more everyday contributors to participate fairly and promoting healthy growth.
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