HomeGuidesChico CryptoEthereum Breakout Begins! Why!? (Hint) It’s Not DeFi or Staking!

Ethereum Breakout Begins! Why!? (Hint) It’s Not DeFi or Staking!

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Ethereum is starting to pump & it’s 2020 breakout officially begins. But Why!? Many people think Eth Staking, DeFi & Ethereum 2.0 is the reason. In reality, it’s because of an Ethereum Improvement Proposal specifically EIP 1559. This changes the gas fee market of Ethereum for good, including a BASEFEE burn mechanism! Ether getting burned reducing inflation! This is only the beginning folks!

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⏰ Time Stamps ⏰
00:08 Introduction: Merica!! LOL
00:47 America Is Moving Towards Idiocracy….
01:34 Hiding In Plain Sight We Are
01:49 Ethereum & 32 Ether. A Full Time Job?
02:29 Ethereum 2.0 & Five Main Points
03:36 Ethereum Inflation?
04:12 Bitcoin vs Ethereum Inflation
04:53 The Final Piece of Ethereum’s Economic Puzzle: EIP 1559
05:54 Vitalik Buterin Created This In 2018
06:22 The BASEFEE BURN!
07:25 The Tip For Miners or Staking Validators
8:30 The Effect on Ethereum Inflation?
09:13 Inflation at .0004%!?
09:41 Is This Being Worked On?
10:51 Implementation of This Is Close…
11:26 Concluding Thoughts
12:15 Outro

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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results.

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