Cardano Creator Charles Hoskinson Clarifies Crypto Project’s Position.
Sep 2, 2022 5:23 PM

Hello !!
Burning is a form of stealing because the tokens being burned would have to be taken from an allocated owner. A centralized organization would control the coins and therefore create a burn; a decentralized organization can not without stealing them from someone. If you want a burn, create a inaccessible wallet and then request Cardano holders to voluntarily send their tokens to it. This is essentially the only way a decentralized coin can be burnt. Other than that, you’d have to steal from someone to have a burn.
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