1confirmation founder: ETH is used as a currency to promote new use cases for all Internet development
Nick Tomaino, founder of 1confirmation, posted on the X platform that ETH is used as a currency for all new use cases that promote the development of the Internet, from decentralized finance to NFT, to prediction markets, stablecoins, games and DAOs, etc. ETH has a yield of about 2.5%, is deflationary, and benefits from the growth of the most sound blockchain expansion strategies (L2 and L3), which is why ETH is hated by extreme BTC users because they feel threatened.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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