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RE: Why is it important to understand economics?
Yes, with the problem being more the 'central' aspect than the 'thin air' bit. What distinguishes ideal cryptos is the fact that their scarcity cannot be tampered with by central authorities, nor their distribution. Sadly most cryptos can at launch be bought up predominantly by the wealthy. Extended releases like with EOS, as well as 'air drops' and 'showers' help a bit to alleviate the effect.