MultiversX Tracker is Live!

Question about staking and holding.

Etherum Reddit

More / Etherum Reddit 103 Views

I understand there's a finite amount of Eth, and that Eth is basically the 'currency' to run smart contracts.

And that a lot of people are getting rewards for staking. But what happens if most people are just holding their Eth, never selling it? Wouldnt the ability to run smart contract eventually dry up? Or become so insanely expensive because there is only a very small amount not being used by speculators who are just holding the token?

TL;DR, - Some people hold Eth for $$$ (Group A) - Others want to run smart contracts (Group B) - What happens if (eventually through staking) all the Eth ends up in the first group?

Is it just forever a supply in demand thing? If Group A has all the Eth, there is a lot of supply, and less demand so prices will come down?

submitted by /u/BadFriendDave
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments