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Why can't Ethereum $ETH rise?

CN
枪十七🔫📅
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1 year ago
AI summarizes in 5 seconds.

Why can't Ethereum $ETH rise?

Let me explain the logic behind why $ETH will underperform the market for the next five years.

Imagine Ethereum as a highway.

In this analogy, POS miner nodes are the toll booths on this highway.

Gas — Ethereum $ETH — is the fee charged by the toll booths for using this highway.

A very common practice in the capital circle is to sell the toll rights of the highway for the next 20 years to capital parties in advance, thus recouping a large amount of funds upfront.

  1. The government budgets $1 billion, spends $600 million to hire private company A to contract sections of the highway for construction.

Government insiders + liaison personnel earn $400 million.

  1. The government holds a tender, allowing private company B to spend $5 billion to buy the toll rights for the next 20 years. Future vehicles passing through will pay fees to private company B.

Government insiders + liaison personnel + various banks + bridge loans + financial brokers earn $2 billion.

The highway is still owned by the government, but for the next 20 years, the toll standards are determined by private company B.

Expand your search: "Highway toll rights"

Ethereum is no longer the same Ethereum that small investors once knew. The interest groups that hold sovereignty over Ethereum have no say over $ETH and its price. The groups manipulating $ETH do not want to properly develop this highway; they want to quickly control the gas price to make money.

What is visible is the Ethereum Foundation frequently selling off, with dozens or hundreds of ETH as a smokescreen.

What is invisible is the three-year clearing of officials, a hundred thousand silver flakes.

Now you should understand why $ETH cannot rise in the future.

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Selected Articles by 枪十七🔫📅

1 year ago
🔭Teach you to understand Ethereum 3.0 and ENS at a basic level.
1 year ago
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