This is false. Cryptocurrencies might have things in common with money and equity but they are fundamentally a new asset class with some distinct characteristics that none of those two have.https://twitter.com/muststopmurad/status/1022453649778388993 …
That's dilution of non-staking members and a transfer to staking members, not productive extraneous cashflows. More of a redistribution than a cashflow.
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Wait, you’re not familiar with transaction fees?
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Yeah you're right. The fees can be considered as productive flows
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but the inflation part isnt, in my view
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I mean the fees, yes. Programmatic inflation is not cashflow.
End of conversation
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