Morning Edition · Monday, November 9, 2026Published at 12:43 AM EST · New York

Vitalik Buterin says ether's value should rest on its role as a store of value, not on fee burns

Ethereum's co-founder would keep the burn mechanism but said holders should accept burns far below the breakeven level indefinitely.

Vitalik Buterin, the co-founder of Ethereum, argued in a thread on X on November 8 that ether (ETH) should be valued mainly as a store of value rather than as a token whose worth comes from burning fees, crypto.news reported. He did not cal…