Bitcoin and Ether proponents debated over the definition of sound money and what is better an ever-changing monetary policy or a constant one?
out the flaw in the argument and noted that a constantly changing one has less credibility. He said:
“Time builds trust with humans, it’s not all about code. According to your logic, if we spun up another crypto with more deflation, that would be “sounder.”the credibility of Ethereum’s monetary policy, reminding that the same monetary policy has “changed a least 11 times in its 7 years of existence.” On the other hand, Bitcoin has not changed its monetary policy in double the time eth has existed.Ether became deflationary in Aug.
In response to the argument by Alex Gladstein that said “admins" can arbitrarily change Ethereum's monetary policy, Independent Ethereum educator Anthony Sassano claimed that every change on the Ethereum network has been approved by the thousands of node operators run by community members. The term "admins" implies that there is a small group with superuser powers that can change things on Ethereum which is completely false and has been proven false many times.
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