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> but there is no revenue for a digital currency Isn't there? Ethereum kind of has revenue in that transaction fees for smart contract execution are burned (ef

> but there is no revenue for a digital currency Isn't there? Ethereum kind of has revenue in that transaction fees for smart contract execution are burned (effectively a stock buyback) It has around ~$19B in revenue extrapolated at the current rate (although it's issuing more than $20B a year for now, planning to reduce issuance some time later this year)

pakitan 5y ago
That's like MSFT issuing MicrosoftDollars to pay their dividents.
- chollida1 5y ago
  Its not uncommon to pay dividends in comapany stock.
- benreesman 5y ago
  The MicrosoftDollars they issue to pay their employees seem to be getting them some talent!
  - pakitan 5y ago
    Well, great then, they just need to apply the same strategy for their shareholders!
    - landemva 5y ago
      Crypto has this as a governance DAO with voting via the governance (sort of ownership) tokens. Lots of innovation happening.
- DennisP 5y ago
  People spend fiat to buy ETH for transaction fees. Value is value. If the value of the transaction were less than the fee, they wouldn't transact.