Re:Vitalik Buterin on Cryptoeconomics and Markets in Everything
by lavrov on Wednesday July 18, 2018 @03:09PM
(#17561225)
Sure, I'm assuming that most of the transactions are trading/speculation, given that 60% of ETH is held on exchanges, and if the question is how we should value ETH, a measure that depends on the current market value of ETH seems flawed. Plus, the base transaction amount is denominated in ETH: .00042, and is fixed (though I think that the gas conversion changes?).
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