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Vitalik Buterin Backs ETH as a Store of Value Over Fee Burning in the AI Era

TLDR: Vitalik Buterin says ETH’s store-of-value case rests on decentralization, security, and long-term stability. Buterin backs retaining EIP-1559 even if ETH fee burns remain under 10% of the break-even level indefinitely. He says 2021–2023 fee burns were driven largely by crypto speculation, making them a weak ETH valuation floor. Buterin warns a fee-focused model could [...]

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Source: Blockonomi →