Can you have a billion percent inflation and this still holds true?
Yes it works fine... except for the poor saps that weren't controlling the inflation.
If my one coin turns into a billion coins... I still have a billion coins.
I'll actually have more than 1 billion because I'll have siphoned value from the liquid holders.
I would be interested in hearing more about this.
I'll do a post on it tomorrow.
Will be good to get it down on-chain.
The problem with a billion percent inflation is that it makes unstaked tokens unusable. Everything freezes in place and likely dies. There is a balance.
Yes, it's all on the spectrum
A billion percent inflation is perhaps a bit too high, I agree.
Cub has 1000% right now.
It's worth it.
DeFi will prove it at the peak of this mega-run.
Of course then the bear-market comes for them... yikes.
2022 so many tears RIP.