Why can't Ethereum $ETH break through? Do you know the hidden truth behind it?
Let me show you the logic that ETH will underperform the market over the next 5 years.
Imagine Ethereum as a highway.
Then, the POS miner nodes are the toll booths on this highway.
gas - Ethereum ETH, is the fee charged by the toll booths for using this highway.
A very common practice in the capital circle is to sell the toll rights of the highway for the next 20 years to capital parties in advance, recovering a large amount of funds early.
1. The government budgets 1 billion, spends 600 million to hire private company A to contract sections and build the highway.
Government internal personnel + liaison personnel earn 400 million.
2. The government bids, allowing private company B to spend 5 billion to buy the toll rights of this highway for the next 20 years, and future vehicles passing will pay money to private company B.
Government internal personnel + liaison personnel + various banks + bridge loans + financial brokers earn 2 billion.
This highway is still owned by the government, but the toll standards for the next 20 years are decided by private company B.
Extended search: "Highway toll rights"
Ethereum is no longer the small V's Ethereum from before. The interest groups that own the sovereignty over Ethereum have no say over ETH and its price; the whale groups of ETH do not want to properly build this highway called Ethereum, but want to quickly control the gas price to make money.
What is visible is the Ethereum Foundation frequently selling off, dozens of ETH, hundreds of ETH as a distraction.
What is not visible is three years of cleaning the governor, one hundred thousand snowflake silver.
Now you should know why ETH can't rise in the future.
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