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State of Crypto: Trends, Data, More

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CHAPTER

The Jevons Paradox in Economics

The Jevons Paradox is where technological progress can make a valuable resource more abundant, but actually increases its demand. So it's not to say that Ethereum is going to become more expensive because of upgrades like EIPE4044,. It just means that they may not drop linearly. If we get 10 times or 100 times the throughput, that doesn't mean the cost is going to drop 100 times.

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