Vitalik Buterin Moves On From 'Ultrasound Money', Says ETH's Value Is Stability

Summary

Vitalik Buterin Moves On From 'Ultrasound Money', Says ETH's Value Is Stability Authored by Ryan S. Gladwin via Decrypt , Ethereum co-founder Vitalik Buterin wants people to stop valuing ETH as a fee-burning token and start treating it as a store of value , arguing that the burn was "never" as strong as it seemed. Binji Pande, founding member of Ethlabs, told Decrypt that he agrees, claiming that it is a more "future-proof store of value" than Bitcoin. It's a notable shift in messaging from the Ethereum community, after ETH was branded as " ultrasound money " when the network started burning…

Description from Zero Hedge.