What does economic theory say about a currency that has utility,

>>1670005
It says it's a meme.

>>1670005
>costs nothing to create the supply

ethereum costs money to create supply

>>1670005
That it will decrease in value over the long-run. Lrn2econ.

>>1670059
why? (apart from hacks and daos)

So Is now the best time to put some money into ethereum

>>1670005
>costs nothing to create supply
not only is that wrong, the cost to create supply on physical currency is extremely negligible in the long run

>>1670005

The inflexible nature of the currency being capped under arbitrarily restrictive conditions with regard to its supply indicate implied stability and correlation with regard to its utility, therefore the cost of creating the supply is intrinisically tied to a floating valuation determined under factors of trust and belief within participants in the pool to counterbalance the legitimacy of its exchange within its course of parallel time.