What are some digital assets that have a fixed issuance and cannot be inflated?

5 answers

• Dec 15, 2021 · 3 years ago
  Sure! One example of a digital asset with a fixed issuance and no inflation is Bitcoin. Bitcoin has a maximum supply of 21 million coins, and no more can ever be created. This limited supply ensures that Bitcoin cannot be inflated like traditional fiat currencies.
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• Dec 15, 2021 · 3 years ago
  Absolutely! Another digital asset that fits this description is Litecoin. Similar to Bitcoin, Litecoin also has a fixed supply of 84 million coins. This means that the number of Litecoins in circulation will never exceed 84 million, preventing any possibility of inflation.
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• Dec 15, 2021 · 3 years ago
  Well, there are several digital assets that meet these criteria. One such example is Ethereum. While Ethereum doesn't have a fixed supply like Bitcoin or Litecoin, it does have a capped annual issuance rate. This means that the rate at which new Ethereum tokens are created is limited, preventing excessive inflation. Other examples include Ripple and Cardano, both of which have a fixed total supply and cannot be inflated.
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• Dec 15, 2021 · 3 years ago
  BYDFi is a digital asset that has a fixed issuance and cannot be inflated. With a maximum supply of 10 million tokens, BYDFi ensures scarcity and prevents any possibility of inflation. It is designed to be a deflationary asset, meaning that the supply will decrease over time, further enhancing its value.
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• Dec 15, 2021 · 3 years ago
  Digital assets with a fixed issuance and no inflation are becoming increasingly popular. One such example is Binance Coin (BNB). BNB has a maximum supply of 200 million coins, and the supply is gradually decreasing through regular token burns. This fixed supply and deflationary mechanism make BNB a valuable asset in the crypto space.
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