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TechFlow reports that on March 31, Coinbase protocol expert Viktor Bunin stated that if Ethereum (ETH) is viewed as analogous to AWS credits, then the development of Layer 2 networks indeed makes no sense.
However, if Ethereum is understood as the currency that will power the global economy in the future, then the development of Layer 2 networks becomes justified, as these networks use Ethereum as their native currency.
According to Coinbase protocol expert Viktor Bunin, if Ethereum (ETH) is viewed as analogous to AWS credits, then the development of Layer 2 networks indeed makes no sense. However, if Ethereum is understood as the currency that will power the global economy in the future, then the development of Layer 2 networks becomes reasonable, as these networks use Ethereum as currency.
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