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Ethereum will effectively do share buybacks starting in July. They're switching to a system that burns the majority of transaction fees. If share buybacks are e
by DennisP 6y ago
Ethereum will effectively do share buybacks starting in July. They're switching to a system that burns the majority of transaction fees. If share buybacks are equivalent to dividends, then arguably this is equivalent to paying dividends to ETH holders, funded by the fee revenue paid by users.
- imtringued 6y agoYes, this is fine because the person paying for it is aware where the money ends up and the people who receive it know exactly who is giving it to them. With pump and dumps it is often not known who the beneficiaries are.