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Vitalik Buterin says ETH should be seen as a store of value
Ethereum co-founder Vitalik Buterin says Ether should be valued as a store of value, not as a token whose worth comes from burning fees. The view bears on how holders think about the asset.
Vitalik Buterin, a co-founder of Ethereum, has said that ETH should be valued as a store of value. He does not want it seen mainly as a token that gains worth by burning fees.
A fee-burning token is one where a share of the fees users pay is permanently removed from supply. Supporters of that model argue that this can make each remaining coin scarcer. Buterin's remarks point away from that framing.
Ether$1,943.40down −22.16%over 1 monthPrices by CoinGecko. Past moves say nothing about future ones.
A store of value is an asset people hold because they expect it to keep its worth over time. Buterin's comments place ETH in that category instead of the fee-burning one.
The material available gives no price figures, no date for the remarks and no further detail on his reasoning. This article therefore does not describe any market reaction.
$1,000 in Ether
Had you put $ into Ether a month ago, it would be worth now.
From the prices in the chart, before any fees or taxes. Not a suggestion to buy or sell.
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