Re:No Bitcoin ETFs at Vanguard
by everfree on Sunday January 26, 2025 @01:39PM
(#42832607)
Blockchains can potentially produce value by receiving transaction fees and burning them. This is similar in some ways to a stock buyback.
Both Ethereum and Solana are currently coded to do this, though AFAIK neither of them are currently cash-positive due to their burned fees not being enough to offset issuance yet.
Both Ethereum and Solana are currently coded to do this, though AFAIK neither of them are currently cash-positive due to their burned fees not being enough to offset issuance yet.