Row 76927
Content Data
This page contains data entry 76927 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.
If Ethereum become a global infrastructure that everyone uses. The entire network should be worth 80 trillion. However, the value might not be in the ETH token. It could very well be in a stablecoin or even wrapped BTC.
ETH token has privilege of lowest gas usage, the downside is its issuance has to comply with security requirement. If the security requirement needs ETH to have a 0.5% inflation (before burn), it has to.
The privilege of low gas is very strong, and no matter it is inflationary or deflationary, it will reach equilibrium after a few decades. So it is reasonable to assume ETH will be the dominant currency in the Ethereum network.
A 50% dominance over the 80 trillion Ethereum network value gives ETH a 40 trillion market cap. Assume the equilibrium supply is 100 million ETH (because we know 120 million lead to deflation). This puts each ETH at $400k.
| Field | Value |
|---|---|
| text | If Ethereum become a global infrastructure that everyone uses. The entire network should be worth 80 trillion. However, the value might not be in the ETH token. It could very well be in a stablecoin or even wrapped BTC. ETH token has privilege of lowest gas usage, the downside is its issuance has to comply with security requirement. If the security requirement needs ETH to have a 0.5% inflation (before burn), it has to. The privilege of low gas is very strong, and no matter it is inflationary … |
| label | r/ethereum |
| dataType | comment |
| communityName | r/ethereum |
| datetime | 2024-05-24 |
| username_encoded | Z0FBQUFBQm5Lak1qUHRuSFY3dk9vbHpQMGZkMkYyZEJZTjRGX2JLbHFUX29WYWViM2pCTGY2aUFrX3A4QmFyOEU0ZVhqVnNMRmJNaDBFeF9jTWpwSmI4eXltMU11ZTdOa0E9PQ== |
| url_encoded | Z0FBQUFBQm5Lak8wZ3pybGJ3ZEhNVFRIUW1lN1c4dlJtRkJMOFFOUDFkYnBKLVpWbVA5TEVRVktvUndEMmF6a2tobWkzbHZiOXhTV2pocjFYVjZBUjdDUmJ4MjJTQjFaMzhoajlBbkl6TmVQZkxMU0lFcFVPWkpyc2hsSWVkcndoSXV4R1ZfR3BtelRpMGdjTE55X2RHa3RLZG5kckw0YXA3MjAyVHpxa3p5d216QVV2UVQxWXNZemdHWHE1WU9uaFgyYXJGbmRzNVBJR00zQnhpdkU4WVZoX0RWV3lYMVJXdz09 |
Raw Record
{
"text": "If Ethereum become a global infrastructure that everyone uses. The entire network should be worth 80 trillion. However, the value might not be in the ETH token. It could very well be in a stablecoin or even wrapped BTC.\n\nETH token has privilege of lowest gas usage, the downside is its issuance has to comply with security requirement. If the security requirement needs ETH to have a 0.5% inflation (before burn), it has to.\n\nThe privilege of low gas is very strong, and no matter it is inflationary or deflationary, it will reach equilibrium after a few decades. So it is reasonable to assume ETH will be the dominant currency in the Ethereum network.\n\nA 50% dominance over the 80 trillion Ethereum network value gives ETH a 40 trillion market cap. Assume the equilibrium supply is 100 million ETH (because we know 120 million lead to deflation). This puts each ETH at $400k.",
"label": "r/ethereum",
"dataType": "comment",
"communityName": "r/ethereum",
"datetime": "2024-05-24",
"username_encoded": "Z0FBQUFBQm5Lak1qUHRuSFY3dk9vbHpQMGZkMkYyZEJZTjRGX2JLbHFUX29WYWViM2pCTGY2aUFrX3A4QmFyOEU0ZVhqVnNMRmJNaDBFeF9jTWpwSmI4eXltMU11ZTdOa0E9PQ==",
"url_encoded": "Z0FBQUFBQm5Lak8wZ3pybGJ3ZEhNVFRIUW1lN1c4dlJtRkJMOFFOUDFkYnBKLVpWbVA5TEVRVktvUndEMmF6a2tobWkzbHZiOXhTV2pocjFYVjZBUjdDUmJ4MjJTQjFaMzhoajlBbkl6TmVQZkxMU0lFcFVPWkpyc2hsSWVkcndoSXV4R1ZfR3BtelRpMGdjTE55X2RHa3RLZG5kckw0YXA3MjAyVHpxa3p5d216QVV2UVQxWXNZemdHWHE1WU9uaFgyYXJGbmRzNVBJR00zQnhpdkU4WVZoX0RWV3lYMVJXdz09"
}
Entry Information
- Entry ID: 76927
- Repository: Axioma AXP
- Dataset: arrmlet/reddit_dataset_36
- Total Entries: 100,000