‘Bitcoin is cooked’: Justin Drake sees deflationary potential in Ethereum
Justin Drake outlined ways to restore deflation in the Ethereum network. Bitcoin will face security challenges as it nears the 21m BTC supply cap. Advances in energy, mining efficiency and economic incentives could mitigate the headwinds for the first cryptocurrency. As issuance shrinks, Ethereum will gain the status of “ultrasound” money, while Bitcoin will be […]