$Ethereum (ETH.CC)$ Incredible, the Ethereum network is prac...
$Ethereum(ETH.CC$ Incredible, the Ethereum network is practically burning money. Over $27,000,000 worth of Ethereum has already been burned since EIP 1559. This is a good thing though. ![]()
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yklw2303 : Why is it good?
AndyConda yklw2303: Demand & supply.
Payro BaebeeOP AndyConda: Ethereum has no cap unlike Bitcoin that is limited in quantity. "Burning" Ethereum creates scarcity/deflation from removing ETH tokens in circulation thus allowing the crypto to have a higher value.