Re:Vitalik Buterin Proposes New EIP to Tackle Ethereum’s Sky...
by tromp on Monday November 29, 2021 @12:55PM
(#29382867)
> Yet, the fork would have nearly zero value.
I'd like to believe that. But then I see projects like Bitcoin Gold that just replaced the PoW and enriched the authors with 100,000 coins and somehow it's valued at nearly $1B...
Yet, the fork would have nearly zero value. And history has shown that coins with near zero value very soon have no users and die.
That tells you that it isn't the features that give a cryptocurrency its value. The value is in the pool of users who believe it has value. The features of a cryptocurrency are in many ways irrelevant.