Replying to Avatar BTChodl

Yeah but they burn ETH through transaction fees I just highly doubt they’re burning more ETH than people are making off the staked rewards. Right now I think most people who stake ETH can’t even move it at all so I feel like ETH looks deflationary until everyone starts selling their proof of stake coins. Guess time will tell either way ETH runs on servers now so it’s complete trash.
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Mabardino 🍀 2y ago

Is PoS “printing” more ETH?? I didn’t know that’s how it worked that’s disgusting 🤣🤣🤣🤣

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BTChodl 2y ago

I think they’re printing ETH never looked too far into it. Pretty sure these people get a fixed interest rates when they stake ETH I don’t know how they could do that plus burn coins all off transaction fees. They must be making more ETH to pay off the stakers.

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Mabardino 🍀 2y ago

Yeh yeh I see what u mean🤣🤣🤣it’s a lost cause bro