Journal Entry: Stamatina Bourret-03/13/2024-Digital Economy Course-Lesson 12

Journal Entry

Lesson 12-Binance

1. BNBs evolution from an ERC-20 token to native currency of Finances own blockchain reflects broader trends in the crypto space by showing with the value being intrinsically tied to the growth and success. It is likely to grow even further.

2. The ways that BNBs multicity within the Finance ecosystem and beyond contributes to its value as an altcoin because it shows that as the crypto landscaping show’s tokens can evolve to meet changing needs.

3. The inflationary mechanism affects investors and users of the platform because it increases the amounts thus making more for investors and costing users a bit more, IT also then provides the security needed and ultimately increases its value.