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DCinvestor
@DCinvestor
fan of crypto, ethereum, NFT-based art, AI, video games, and geopolitics. posts not expert opinions or advice.
731 Following    274.2K Followers
i do think this is a pretty important and valid distinction between stakers and what are effectively staking providers
my take is that: 1) issuance is already very, very low for ETH. lower than BTC, lower than almost every other blockchain, and lower than the supply of new gold added to the market every year 2) issuance is not a primary driver of ETH price at these already low levels. demand to hold ETH as a speculative SoV and use ETH for exchange and productive purposes drives ETH price. and like it or not, staking yield has become a key factor for why people choose to buy and (crucially) hold ETH 3) consistency and predictability in ETH's issuance policy is more important to creating market confidence around ETH (and by extension, Ethereum) than perfectly optimizing issuance 4) solo/small stakers shouldn't be allowed to be priced out of the market, because if shit really ever hits the fan, you're going to need them 5) we should focus on scaling Ethereum as a network, drive much more use to the network, charge appropriate fees to use it, and allow fee burn to continue to offset some amount of the already low issuance
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