Commodity money
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Token Terminal ๐ยท 2026-03-23 00:26
ETH did 80-90% buybacks for ~2.5 years from August '21 onwardsWas that a great 'business' move?Probably notMost likely would have been better to accumulate the money in a treasury & re-invest for growthBut that's again counter to what a commodity money would do ...