/biz/ - Business & Finance

>>58649496
desu inflation rate doesn't matter in the grand-scheme of things so long as there is a hard-cap on supply. That's why you can get the phenomenon that BTC value did the most x's when its inflation was also highest. You can say that the "hard-cap is priced in".

So the same applies to LINK too... on ONE condition. A very important distinction between Bitcoin and Chainlink is that there is a single entity (Chainlink Labs) in charge of the Chainlink architecture and its ecosystem development. Do they have the power to change the supply cap? Theoretically, yes. Do they have incentive to? Not at the moment, but it's not inconceivable (even though the odds are remote) that some situation may arise where node operators request an increase in supply cap - such a situation could arise if Chainlink service fees don'treach the point of self-sustenance before the current supply allocated for "bootstrapping the network" runs out. Such a situation is truly a Code Black event for LINK holders IMO... Do we have any assurance that CLL *can't* increase the supply cap? I've asked before but received no satisfactory answer.