ETH is becoming worthless
ETH's value is derived from the estimated present value of its future free cash flows,
ETH's flows are based on how busy the network will be in the future, transaction fees..
If fees are high DeFi gets build elsewhere on other chains.
If fees are low, ETH has no future free cash flows > This measn ETH can not succesfully scale for it to be a valuable token.
ETH's flows are based on how busy the network will be in the future, transaction fees..
If fees are high DeFi gets build elsewhere on other chains.
If fees are low, ETH has no future free cash flows > This measn ETH can not succesfully scale for it to be a valuable token.
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