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Vitalik Buterin pfp
Vitalik Buterin
@vitalik.eth
Sorry, but no. Crypto people claimed the right to butcher the word "inflation" first, and we already decided that it now just means "increase in the total supply of a currency". https://x.com/axios/status/1794737808269070432
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millz.⌐◨-◨ pfp
millz.⌐◨-◨
@millz.eth
"Inflation is a gradual loss of purchasing power, reflected in a broad rise in prices for goods and services over time" - Investopedia Even with a fixed money supply, an increased demand for scarce goods and services would indeed be inflationary.
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