Founder of Ethereum Newsweek: If ETH is not considered a currency, its value will approach zero

Odaily News Evan Van Ness, founder of Ethereum Newsweek, posted on a social platform that if ETH does not have "currency attributes" and premium, its value will return to zero according to the discounted cash flow model, not only will it depreciate against legal tender, but it will also continue to weaken in the crypto market. He pointed out that the rise in ETH prices is a prerequisite for promoting ecological adoption, and the lack of currency status will weaken the Ethereum Foundation's finances and affect client development and platform adoption. He finally emphasized: "ETH is currency."