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Evan Van Ness: Lack of Monetary Attributes in ETH Will Lead to Value Approaching Zero
According to PANews, Evan Van Ness, the founder of the Ethereum Weekly, stated that if ETH does not possess 'monetary attributes' and a premium, its value will approach zero according to the discounted cash flow model. He pointed out that the rise in ETH prices is a prerequisite for driving ecosystem adoption, and the lack of monetary status will weaken the Ethereum Foundation's finances, affecting client development and platform adoption. He emphasized, 'ETH is currency.'
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