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Therefore, increasing usage is directly correlated with increasing velocity (assuming a stable total token supply) which then decreases utility token value. And no, more HODL’ers is not a solution here.
hey get t…of-year post-inflation market cap). Where will they get the money to pay that? Well, they’ll likely have to sell some PIE, putting downward pressure on the price. This is what happens when you effectively have an annual w…
he money …ap). Where will they get the money to pay that? Well, they’ll likely have to sell some PIE, putting downward pressure on the price. This is what happens when you effectively have an annual wealth tax on an unproductive asset. Well…