2min chapter

Forward Guidance cover image

Crypto’s 2023 “Health Check” | Vance Spencer

Forward Guidance

CHAPTER

Is Ethereum Money?

I presume you sound like a guy who's pretty bullish on Ethereum. So your criticism of Bitcoin as something that people want to hold rather than use, I've thought that criticism and I've shared it publicly before. It's like the hardest money isn't necessarily the best money. And so I don't know if ETH is money. If we have bad inflation enough where we all need to get guns and provisions and we're using Ether as money, I think that's okay. That's certainly not the world that I'm gearing towards."I see this thing generating tons of free cash flow at basically 100% margin," he says.

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