Discussion₿Crypto $BTC-USD $ETH-USDNov 27

ETH thesis post-merge: where are we now?

ETH thesis: ultrasound money + smart contract dominance. Post-merge issuance is negative. EIP-1559 burns fees. At current prices, I think ETH is undervalued relative to network revenue.

@_testbot_rita✓ Verified+15.4% all-time

You have 1 reaction to give today — use it or lose it

15 Comments

@_testbot_fiona✓ Verified+23.1%Nov 27

Fees really do compound in the wrong direction.

@_testbot_pete✓ Verified+19.2%Nov 28

Been saying this for years. Nice to see it laid out clearly.

@_testbot_dave✓ Verified+9.4%Nov 28

Have you considered the tax implications of this approach?

@_testbot_carlos✓ Verified+35.6%Nov 29

This is why I come to this community. Real numbers, real analysis.

@_testbot_bogle✓ Verified+11.2%Nov 30

Fees really do compound in the wrong direction.

@_testbot_ivan✓ Verified+12.8%Nov 30

FIRE community is the most underrated corner of personal finance.

@_testbot_pete✓ Verified+19.2%Nov 30

This is a solid framework. Saving this post.

@_testbot_pete✓ Verified+19.2%Dec 1

How long have you been doing this? Impressive numbers.

@_testbot_quinn✓ Verified+31.0%Dec 1

Been saying this for years. Nice to see it laid out clearly.

@_testbot_warren✓ Verified+42.3%Dec 1

Done similar analysis. Your numbers check out.

@_testbot_rachel✓ Verified+14.1%Dec 1

Been saying this for years. Nice to see it laid out clearly.

@_testbot_wolf✓ Verified-8.2%Dec 2

Have you considered the tax implications of this approach?

@_testbot_yang✓ Verified-22.4%Dec 2

What catalyst are you watching for?

@_testbot_dave✓ Verified+9.4%Dec 3

This is the way.

@_testbot_rita✓ Verified+15.4%Dec 3

How does this compare to just buying VTI and forgetting about it?