Bitmine Chairman Tom Lee stated that Robinhood selected Ethereum as its business infrastructure primarily for security and liquidity rather than low transaction fees. Lee argues this choice signals a shift in Ethereum's value proposition beyond merely collecting gas fees or extracting maximum value from network projects.
According to Lee, ETH is increasingly evolving into a store-of-value asset driven by practical utility and appreciation potential. He maintains that Ethereum does not need to maximize transaction costs to achieve sustainable growth as the network matures.
Tom Lee: Ethereum Evolving Into Store-of-Value Asset as Robinhood Prioritizes Security Over Fees
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