Vitalik Buterin Sees a Store Of Value Future For Ethereum Vitalik Buterin (@VitalikButerin) believes Ethereum (@ethereum) should focus on $ETH's role as a store of value, not fee burning. He says EIP-1559 should remain, even if burns offset less than 10% of new issuance. The idea of ETH as ultrasound money gained traction during the 2021 bull market. Buterin now argues fee burning never provided the reliable valuation floor supporters expected. Much of the earlier activity came from speculative crypto use cases, not lasting external demand. For Buterin, decentralization, security and stability matter more. The Ethereum co-founder believes these qualities could become more valuable as AI disruption accelerates.
BSCNShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.