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Sassal.eth 🎩⛽ pfp
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 pfp
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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Sassal.eth 🎩⛽ pfp
Sassal.eth 🎩⛽
@sassal.eth
Scaling Ethereum blockspace and growing the Ethereum economy is the obvious one - whether that be at L1 or L2's - more people can then use ETH as programmable money (staking, DeFi collateral, AMM pools, gas fees etc). Getting ETH on company/org balance sheets and ultimately in nation state treasuries is also very important (this requires direct outreach though).
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Jan pfp
Jan
@sowhatjan
How would the value proposition of ETH as an store of value be stronger than BTC?
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Tesshū pfp
Tesshū
@tesshu
-sustainable long term issuance/security model, BTCs is still unclear -utility in native defi
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