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Ethereum’s Vitalik Buterin Addresses “The Revenue-Evil Curve”

It’s been just revealed that Ethereum’s Vitalik Buterin is addressing an important subject. Check out a relevant tweet in this direction.

Vitalik Buterin’s addresses The Revenue-Evil Curve

Check out the latest tweet shared by Ethereum’s founder:

In an extremely interesting blog post, Buterin started by saying the following:

“Public goods are an incredibly important topic in any large-scale ecosystem, but they are also one that is often surprisingly tricky to define. There is an economist definition of public goods – goods that are non-excludable and non-rivalrous, two technical terms that taken together mean that it’s difficult to provide them through private property and market-based means. There is a layman’s definition of public good: “anything that is good for the public”.

He continued and explained that there is a democracy enthusiast’s definition of public good, which includes connotations of public participation in decision-making.

“This post will attempt to provide a different way of analyzing “hybrid” goods on the spectrum between private and public: the revenue-evil curve.”

We suggest that you check out his extremely interesting post. 

Ethereum in the news

Regarding the price of Ethereum today, at the moment of writing this article, ETHJ is trading in the red and the coin is priced at $1,498.

It’s been revealed that a senior Bloomberg analyst says that with global markets in turmoil, Ethereum (ETH) could perform better than Bitcoin (BTC) and the stock market.

Bloomberg commodity strategist Mike McGlone said that Ethereum had built a strong foundation under unfavorable market conditions. ETH seems to have a solid chance at more price appreciation.

McGlone also made sure to share a chart that is showing the price of ETH maintaining a sideways foundation despite constraints in USD liquidity, which often correlates with risk assets.

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