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by nivertech
2980 days ago
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> Ethereum tokens are virtual commodities useful for purchasing computational services on the Ethereum network Wrong, ETH isn't a virtual commodity, gas is.
But gas isn't tradable, it's a virtual Unit-of-Account which uses ETH as the only accepted payment method. IMO, ETH is a tokenized membership unit* in Stiftung Ethereum and by proxy a stake in the Ethereum mainnet. *) Stiftungs not supposed to have memberships or shares, but that is the genius of Ethereum founders that they found a way to hack non-profit Stiftungs in order to use them for for-profit activities. |
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