Vitalik Buterin: Ethereum should be seen as a store of value, not a fee-burning machine. The bottom line: - Burn ≠ price floor. In 2021–23, millions of ETH were burned, yet no reliable floor appeared. Fee demand shrinks when the price drops. - Fee-maxing = centralization risk. Justifying a ~$270B market cap via burn would require corporate-style governance and higher gas. - The real value is CROPS: censorship resistance, open source, privacy, security. EIP-1559 stays. It just shouldn't be the foundation. https://t.co/CikMmsDb5K #Ethereum #ETH #VitalikButerin #Crypto #Web3
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