Ethereum Foundation AMA: ETH is money, value accumulation is crucial for Ethereum's success

Odaily Planet Daily News - During the 12th AMA of the Ethereum Foundation, Justin Drake, a core researcher at the Ethereum Foundation, asked, "Where is the current value of ETH reflected? Has the rollup ecosystem 'sidelined' ETH, causing it to lose its value The response to the question states: "ETH is money. The accumulation of ETH value is crucial to the success of Ethereum. I believe that if ETH cannot become the programmable currency of the Internet, Ethereum cannot become the settlement layer of the Internet of Value. The accumulation of ETH value is attributed to traffic and currency premium. The important indicator is the total cost, not the cost of each transaction. The ultimate goal of Ethereum's success is 10M tx/s, which can provide billions of dollars in daily revenue even if the cost of each transaction is less than 1 cent