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Sassal.eth 🎩⛽
@sassal.eth
I strongly believe that exporting ETH as a commodity money/store of value is the primary way that ETH will become more valuable over time. Everything else, such as fee revenue and using ETH in staking, is important but secondary.
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Vitalik Buterin
@vitalik.eth
What are some specific actions (other than yelling "ETH is money, hold it!") that we can take to "export ETH as a commodity money/store of value" more effectively?
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@chaskin.eth
To truly replace BTC as the go to store of value, we need to be 10x more secure and we have to be able to explain why Ethereum’s tech is constantly improving - from proof of stake, to a future with lower staking thresholds and stateless clients that let anyone help secure the network. We need to make it clear that Ethereum is far more decentralized, while Bitcoin is stuck with ancient tech We’re already more decentralized (though this isn’t obvious enough to the public it will be as we decentralize further), more energy efficient, and easier to self-custody. The key is showing everyone that we’re not just catching up, we’re leaping far ahead, and this trend is only going to continue
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