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Dec 9, 2020Liked by Anthony Sassano

Ethereum is the base layer that that the world's financial system will run on. Bitcoin is 'Digital Gold'. ETH will be the unit of account; BTC will lose relevancy when the primary currency in non-inflationary.

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I beg to differ with your opinion that there is less than 10% of all ETH sitting idly. If you take a close look at the top Ethereum accounts (for example in etherscan.io), there are tens of accounts with 200k ETH, 150k ETH, 100k ETH and many other round numbers that have been sitting idly for years. So it is relatively safe to assume that they will continue to do so in the future. And if you add up the amounts in all those accounts, you will find that it’s more than 10%.

Also, there may be 10-25% of all ETH that has been lost forever due to the loss of private keys or death.

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