1confirmation founder: ETH supply has dropped 0.02% annually to 120.4 million over the past two years

Nick Tomaino, founder of 1confirmation, said in a post on X: "As network usage increases, ETH supply has fallen by 0.02% per year to 120.4 million over the past two years; during the same period, BTC supply increased by 1.83% per year to 19.8 million. Reaching 21 million by 2140 is better than trusting the central bank, but usage-based deflation and a vibrant application ecosystem that brings economic freedom to the world are better. In terms of fundamentals and sound monetary policy, there is no second best option."