ETH as Legal Tender
A discussion unfolds around the implications of directing Ethereum fees to a treasury versus burning them to enhance ETH's moneyness. The idea of coercive social pressure emerges as a potential strategy to foster commitment to the asset. Insights reveal concerns about maintaining ETH as the default currency in the network, highlighting the balance between credible neutrality and external pressures from the Bitcoin community.In this clip
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Bankless
Where is Ethereum Headed? | Mike Ippolito & Mike Neuder
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