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Meme Mania: Why You Should Pay Attention | 1000x

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CHAPTER

Ethereum: A Deflationary Platform

I gave a talk last week at a conference that was filled with, you know, pension fund allocator is a lot of institutional allocators. And one of the things that I brought up was, hey, Ethereum is generating a substantial amount of money a year in quote unquote revenue through its fee burn. If he annualized it out to $5 billion a year, and burned fees, that's pretty substantial buyback, right? Quote unquote, ETH is deflationary. And this is all during a bear market. It's not even a bull market. So what I'm seeing is that if as activity like really picks up, you're going to get a lot of people that

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