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Crypto Seb ױ @crypto_with_seb on x 4081 followers
Created: 2025-07-13 06:35:54 UTC
"Seb, can you explain all this 'burning and deflation' like I'm X years old?
I got you, mate.
Imagine you have a big box of your favorite candy, $QUBIC candies. There are lots of them, and every week, you get a few more candies added to the box. But one day, something special happens called a "halving", which changes how you eat your candies. Let’s break it down super simply:
What’s a Halving: It’s like a rule that says, “Hey, we’re going to give out way fewer new $QUBIC candies each week!” After the halving, instead of adding, say, XX new candies, they only add X (or even less). This makes it harder for the box to keep filling up with new candies.
What’s Deflationary: Now, imagine you and your friends keep eating some of those candies (this is like “burning” $QUBIC tokens when miners use them up). If you eat more candies than the new ones being added after the halving, the total number of candies in the box starts to shrink. When there are fewer candies, each one becomes more special because it’s harder to get!
Why Does This Happen with $QUBIC: After the halving, fewer new $QUBIC tokens are made. At the same time, Qubic has a plan to “eat” (or burn) some tokens by taking them out of the box forever (like when they use Monero mining money to buy and remove $QUBIC). If they burn more tokens than they make, the total number of $QUBIC candies goes down.
Why Is This Cool: When there are fewer $QUBIC candies, each one might be worth more because everyone wants the rare ones! It’s like if you only had a few special shiny candies left - your friends might trade you their toys to get one.
So, $QUBIC becoming deflationary after the halving means there will be fewer tokens over time because they’re making less and “eating” more. This could make each $QUBIC more valuable, like a super rare candy!
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Related Topics candy mate deflation $qubic coins layer 1 coins pow coins ai