StarkWare CEO suggests 4% annual Bitcoin inflation to replace 21M cap
CoinTelegraph·
60-second summary
Eli Ben-Sasson, StarkWare CEO, suggests replacing Bitcoin's 21 million cap with a 4% annual inflation rate to account for lost private keys, potentially reducing the usable supply. Many in the crypto community disagree with this proposal, citing concerns about devaluing the asset and undermining trust in Bitcoin's scarcity model, which underpins its value.
StarkWare CEO Eli Ben-Sasson argued that Bitcoin private keys get lost over time, meaning the amount of usable Bitcoin will diminish. Many disagree.