> long term harm to the value of ETH I don't see why this is a problem. The goal of the Ethereum developers is to increase the utility of the network, not to a

> long term harm to the value of ETH I don't see why this is a problem. The goal of the Ethereum developers is to increase the utility of the network, not to artificially inflate the value of ETH. In fact for one of the future Ethereum upgrades it's planned to convert ETH into a ERC20 token, so that it's at the same level as all the other tokens on the network. It wouldn't even get a special status in terms of transaction fees, as (IIRC) the plan is to allow miners to accept whatever tokens they prefer for the gas payment. See https://github.com/ethereum/EIPs/issues/28 https://github.com/ethereum/EIPs/issues/28 and https://www.reddit.com/r/ethereum/comments/572v7t/eth_as_an_erc20_token/d8ohxxb/ https://www.reddit.com/r/ethereum/comments/572v7t/eth_as_an_...