Tokenomics encourage currency destruction

[professor rat]

FEE-BURNING linked to buoyancy of Eth and Luna in recent weeks - a new feature copied from Avax that has it by design.

The Eth and Luna fee-burns started recently - Avax’s started last year. Definitely a feature and not a bug!

Of course ' creative destruction ' is nothing new in political economy ( Bakunin, Keynes, etc )

Also in cultures such as Greek plate smashing and the Potlatch

https://en.wikipedia.org/wiki/Potlatch