One more time for those in the back:
The
utility
of the smart contract network
is not
and
should not
be tied to its
price
.
Ethereum could be immensely valuable and $ETH immensely overvalued.https://twitter.com/twobitidiot/status/1028808548707454976 …
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Replying to @theshivpat
If enough dapps have high-use, then ETH demand/price goes up to pay for gas. How is that debatable?
1 reply 0 retweets 2 likes
Replying to @salman_rahim @theshivpat
not neccessarily. if the velocity is high enough, it can offset the price. Only long-term holding and investors continuously wanting to hoard the currency for long periods leads to continuous value accrual.
4:46 PM - 13 Aug 2018
0 replies
0 retweets
1 like
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