ilmscore | Prediction Details
By No Bs Crypto | December 14, 2023 | Incorrect
Interpreted Prediction
Predicted that Hedera (HBAR), with its fixed, non-inflationary supply, will be a deflationary token by default.
AI Evaluation Notes
The prediction stated that Hedera (HBAR) would be a deflationary token by default due to its fixed, non-inflationary supply. While HBAR does have a fixed total supply of 50 billion tokens, making it non-inflationary in terms of new token minting, the concept of being 'deflationary by default' is more nuanced. Deflation typically implies a decreasing circulating supply, often through burning mechanisms. Sources are contradictory on whether native HBAR tokens are burned, with some explicitly stating that HBAR cannot be burned, which would prevent a systematic reduction in circulating supply simply by default of its fixed supply.

Prediction Details

Ticker
Target
Hedera (HBAR) is a deflationary token by default
Predicted date
Ongoing

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