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  ·  2 years ago  ·  

You mean people will dump their stake because it might get 'burned' otherwise? Intended vs unintended effects.

I mean, if there is an all in all reduced token number, that it could trigger buying behavior..

  ·  2 years ago  ·  

Why would that be, because less tokens means more desirable? Why would people buy into a chain that just burned tokens?

Why would that be, because less tokens means more desirable?

Yes, why not?

Why would people buy into a chain that just burned tokens?

Huh???? ShibaInu is burning all day every day i.e.: https://www.shibburn.com/

  ·  2 years ago  ·  

It doesn't translate to more desire to buy, especially when the chain isn't advertising burning tokens. Again as others have mentioned, this is much more like theft than not.

Ok👍🏽