ETH was *never* revolutionary because it generated fee income or burned supply. these things weren’t new to ETH, and equities did that with dividends and stock buybacks long ago, and they did it better
ETH was and is revolutionary for its ability to be a permissionless, censorship-resistant asset which is natively programmable, making it the world’s best natively programmable store of value asset with minimal trust assumptions
the first programmable SoV which ever mattered. the birthplace and core asset of DeFi. one which is meaningfully distributed with the deepest liquidity in the world. powerful, emergent value propositions
all narratives layered on since have been a distraction from this incredible, core value prop
go back to ETH’s roots
Show original
19.56K
303
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.