[Wu Blockchain News] Vitalik: ETH Should Focus on Store of Value, Not Fee Burning
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He pointed to Ethereum’s core attributes—censorship and capture resistance, open source development, privacy and security, which he grouped under “CROPS”—as better aligned with ETH’s store-of-value thesis. Buterin added that Ethereum should not worry even if fee burn stays below 10% of breakeven over the long term, since ETH’s value can derive from other sources. The comments matter because they signal a shift in how the network’s lead voice frames ETH’s economic value, moving emphasis away from transaction-fee accrual toward monetary and credibility properties. Watch for how the debate shapes upcoming discussion of Ethereum’s fee market and issuance policy, and whether ETH holders and developers rally around the store-of-value framing.
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Ethereum (ETH), ETH (ETH), Vitalik Buterin
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