I am not a big "revenue is how to value a scarce crypto asset" type person. I think that should be very apparent by the recent rants I've went on about disagreeing with EF about thinking about ETH itself as a "business."
“hypothetically, ignoring the social value and potential for future gains, assuming all activity in the ecosystem is held constant in perpetuity” I agree it should not be valued solely as a business w/ revenue. Otherwise I would not hold it because we don’t have a revenue dashboard yet 😭 But this could provide a baseline underneath speculation…
I mean, if your question is "ignore everything else other than revenue" then I agree there is nothing else left to talk about other than revenue lol.
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