@GraduatedBen Rain falls every year. Drain a reservoir 100× faster and it still runs dry.
Trees grow continuously.
Cut them faster than they grow → deforestation.
Income is generated continuously.
Spend faster than you earn → bankruptcy.
@notlouisck Here are the REAL metrics that matter:
-ETH's issuance fluctuates based on network usage. Net issuance over the past two yrs has been negative (~ -0.12%).
-ETH is a yield-bearing asset (~4% avg apr over last 2 yrs)
“Big TradFi won’t buy ETH”
“It’s too complicated. These guys are conservative. They don’t understand it”
Ken Griffin: “Ethereum will replace Bitcoin”
Carl Icahn: “prefers Ethereum over Bitcoin, it’s a store of value and a payment system”
Stanley Druckenmiller: “predicts Ethereum might eventually dominate Bitcoin”
Ray Dalio: owns BTC and ETH and believes crypto has a place in portfolios
Jamie Dimon: against pet rock (BTC) but believes Ethereum has use cases
Paul Tudor Jones: “industrial digital asset” “Fourth Industrial Revolution” “heaps of protocols have been developed that interact with real-world traditional companies”
Larry Fink: “it’s about tokenization”, talks about putting the financial system on a decentralized ledger
The TradFi KOLs like Ethereum. TradFi loves to follow the herd.
Small potatoes? @EricBalchunas
Here is how the user allocation went for participants in the Ekubo leaderboard
**414** of the top 1000 Ekubo users got 0 STRK. These are all active, productive individual users of Starknet, because there is no reason to sybil the Ekubo leaderboard.
https://t.co/TFnhoLRCgX
eventually bitcoin miner rewards will be 0
but someone has to pay the miners
but they also dont want to increase block sizes, so number of transactions per block will stay the same
so fees will go up?
is that just like... the plan? is anyone working on this? lol