随着EIP 1559的激活，Ether的经济模型与科技股的经济模型相似

随着EIP 1559的激活，Ether的经济模型与科技股的经济模型相似，而比特币BTCUSD巩固了其“价值存储”状态。

"The biggest mistake was changing the social Overton window of EIP1559 burns as revenue/stock buybacks instead of ‘ETH is digital gold/silver/oil like BTC & some of the commodity gets used up every block as part of the design.’"

“最大的错误是改变了EIP1559烧伤的社交覆盖窗口，因为收入/股票回购而不是'ETH是数字金/银/石油，例如BTC和某些商品作为设计的一部分都用尽了每个街区。''

The price of Ether (ETH) keeps disappointing its community despite the promising tech updates of the largest smart contracts platform. As this journey continues, it's important to highlight that it has nothing to do with the token's economic model, Frax's Sam Kazemian says.

尽管最大的智能合约平台的技术更新有希望的技术更新，但Ether（ETH）的价格仍然令人失望。 Frax的Sam Kazemian说，随着这一旅程的继续，重要的是要强调，它与代币的经济模式无关。

"This is going to sound crazy but I think a big part of why ETH has struggled is that it never fully recovered the 'digital silver/oil' narrative after EIP-1559. It instead pivoted to a narrative more similar to tech stocks," Kazemian explained in a recent post on X.

Kazemian在X上最近的一篇文章中解释说：“这听起来很疯狂，但我认为ETH斗争的原因很大一部分是，它从未在EIP-1559之后完全恢复过'数字银/石油'的叙述。而不是与技术股票更相似的叙述相关。”

The Frax and Everipedia founder explains that, if an EIP 1559 analogue was implemented in Bitcoin (BTC), the "digital gold" narrative of BTC maxis would also be damaged.

Frax和Everipedia的创始人解释说，如果在比特币（BTC）中实施了EIP 1559模拟，那么BTC Maxis的“数字黄金”叙事也将受到损害。

"It feels like everyone is in agreement that EIPs 1559 and 3670 would be a good thing for Bitcoin if they were implemented, but they'd also damage the narrative of BTC as digital gold/silver/oil that we'd be consuming every block (which is part of the design!)."

“似乎每个人都同意EIPS 1559和3670对于比特币而言，这是一件好事，但是它们也会损害BTC作为数字金/银/油的叙述，我们将消耗每个块（这是设计的一部分！）。”

Thus, with its P/E DCF (price-to-earnings discounted cash flow) valuation model, the ETH cryptocurrency fails to benefit from the battle-tested utility of its underlying blockchain.

因此，凭借其P/E DCF（价值折扣现金流）估值模型，ETH加密货币无法从其基础区块链的战斗测试效用中受益。

As covered by U.Today, EIP 1559 with its fee burn events was the most radical upgrade of Ether tokenomics ever. It launched on August 5, 2021 with the aim of making the cryptocurrency more scarce and valuable.

正如U.Today所涵盖的那样，EIP 1559拥有其费用燃烧事件是有史以来最激进的Ether Tokenomics升级。它于2021年8月5日启动，目的是使加密货币更加稀缺和有价值。