# 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.

- Published: 2026-11-09T05:43:40.268Z
- Canonical: https://polylog.news/crypto/2026-11-09/vitalik-buterin-says-ether-s-value-should-rest-on-its-role-a
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [crypto.news](https://crypto.news/vitalik-buterin-ethereum-eth-store-of-value-fee-burn/), [BeInCrypto](https://beincrypto.com/vitalik-buterin-eth-fee-burn-store-of-value/), [The Crypto Times](https://www.cryptotimes.io/2026/11/08/vitalik-buterin-says-eth-should-be-a-store-of-value-not-a-fee-burning-token/), [Polylog editors](https://polylog.news)

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…

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