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0 sats \ 1 reply \ @FS 24 Sep 2023 \ on: Ether Turns Inflationary as Network Revenue Plunges to 9-Month Low bitcoin
I should probably study Ethereum more. I really have little understanding of its mechanics.
They burn ethereum to validate transactions? Thats odd.
EIP-1559 in mid-2022 added the burn function to go along with the tip function. Having unfixed monetary policy along with a variable price disqualifies it from ever being sound money.
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