“Ether may continue to outperform bitcoin as ETH’s annual issuance continues to fall rapidly. Therefore, thanks to the transaction fee burn mechanism, any increase in on-chain activity should bring Ethereum firmly into deflationary issuance territory and may have a substantial outsized effect on Ethereum’s price,” Josh Olszweicz, head of research at digital asset fund manager Valkyrie Investments, told CoinDesk.
We Must Protect Crypto-AI From Financial Nihilism
Financial nihilism is a common philosophy in Web3 but, ultimately, there’s no way to build long-lasting value without finding real...