"1011 Insider Whale" Agent: Moderate inflation combined with actual utility provides the foundation for ETH to possess monetary attributes

DeepFlowTech · 2026-01-16T13:37:09+00:00

"Insider Whale 1011" agent Garrett Jin believes that Ethereum (ETH) has monetary attributes. Although the inflation rate is 0.8%, controlled inflation helps promote economic growth and prevent wealth concentration. Moderate inflation allows more participants to benefit and promotes healthy development.

DeepFlowTech

2026-01-16 13:37:09

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Deep Tide TechFlow News, January 16th, “1011 Insider Whale” agent Garrett Jin posted on the X platform stating that people refer to Bitcoin as “digital gold” and a potential currency, but Ethereum can also become a currency. ETH’s current inflation rate is about 0.8%, representing a controllable inflation. With moderate inflation and real utility (DeFi, stablecoins, L2), ETH can fully function as a currency. The argument that “inflation = cannot be a currency” is invalid because economies need an expanding money supply to match GDP growth. A completely closed monetary system would passive early holders to gain all benefits, while new contributors are permanently excluded, which is no different from a dictatorship hoarding wealth. Only moderate inflation can gradually dilute entrenched wealth over time, allowing more everyday contributors to participate fairly and promoting healthy growth.

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