Vitalik Buterin reclaims the cryptocurrency community’s right to redefine ‘inflation’

The Ethereum co-founder redefines “inflation” as an increase in money supply and asserts the cryptocurrency community’s right to challenge traditional economic definitions and address misinformation.

Ethereum co-founder Vitalik Buterin claimed that the cryptocurrency community has already “claimed the right to butcher” the word inflation.

Buterin’s comments came in response to a post by X from digital media company Axios, which said the word “inflation” now means higher prices rather than rising costs.

As X Community Notes (CN) suggests, despite the “sarcastic” nature of the Axios post, CN stated that “the definition of inflation does not change.”

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Source: https://cointelegraph.com/news/vitalik-buterin-redefines-inflation-crypto