💡 Vitalik on what gives $ETH its value. 🤔
He says ETH's value comes from decentralization and censorship resistance, not mainly from fee burns. 🛡️
"We should not feel sad if fee burn is <10% of breakeven indefinitely; the value of ETH comes from elsewhere."
📌 In simple words:
• Fee burn = ETH destroyed from network fees. 🔥
• "Breakeven" = when burns match new ETH issued. ⚖️
• Vitalik says low burns are okay. Trust and neutrality matter more. 🧠
🟢 Bull case: A network people trust and can't censor may hold long-term value. 🚀
🔴 Bear case: Without strong burns, ETH stays inflationary, so demand must carry the price. 📉
💬 What gives ETH its value: fee burns, or decentralization? 👇
$ETH #Ethereum✅ #Vitalik #crypto #BinanceSquareFamily #Binance
He says ETH's value comes from decentralization and censorship resistance, not mainly from fee burns. 🛡️
"We should not feel sad if fee burn is <10% of breakeven indefinitely; the value of ETH comes from elsewhere."
📌 In simple words:
• Fee burn = ETH destroyed from network fees. 🔥
• "Breakeven" = when burns match new ETH issued. ⚖️
• Vitalik says low burns are okay. Trust and neutrality matter more. 🧠
🟢 Bull case: A network people trust and can't censor may hold long-term value. 🚀
🔴 Bear case: Without strong burns, ETH stays inflationary, so demand must carry the price. 📉
💬 What gives ETH its value: fee burns, or decentralization? 👇
$ETH #Ethereum✅ #Vitalik #crypto #BinanceSquareFamily #Binance