๐ท Vitalik Buterin says ETH should be valued as a store of value, not a fee-burning token, per The Block. The market isn't buying it today: $ETH is $2,130 (-4.8%) and printed $2,050.
Square's trending topic also shows Ethereum spot ETFs with a $365M weekly outflow.
Is ETH a store of value?
1๏ธโฃ Yes, that's its future
2๏ธโฃ No, it's a utility and fee asset
3๏ธโฃ Both, depending on the cycle
I'm taking 3๏ธโฃ. A narrative shift needs buyers behind it, and the ETF flows say they aren't here yet. Reply 1, 2 or 3 ๐
$ETH #BinanceSquare #WriteToEarn
Square's trending topic also shows Ethereum spot ETFs with a $365M weekly outflow.
Is ETH a store of value?
1๏ธโฃ Yes, that's its future
2๏ธโฃ No, it's a utility and fee asset
3๏ธโฃ Both, depending on the cycle
I'm taking 3๏ธโฃ. A narrative shift needs buyers behind it, and the ETF flows say they aren't here yet. Reply 1, 2 or 3 ๐
$ETH #BinanceSquare #WriteToEarn
