2min chapter

Bankless cover image

ETH Is NOT Ultrasound Money with Jon Charbonneau

Bankless

CHAPTER

What Is Revenue? Revenue Minus Cost?

Ether has some amount of issuance, some amount of burn. And lately, the burn has been higher than the issuance. So this really sounds like a semantics conversation as to what is revenue? What is profitability more than it is a statement against? Not revenue, right? Because we agree on revenue. It's more like cost. Like in order to get profitability, are we disagreeing about cost on the cost side of the equation? Revenue minus cost, and what is the cost? Well, I'll ask you guys which part you do agree with. What would you consider the revenue? Would you consider it only the burn as showed in the picture here, or would you consider all fees

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