The Perils of Speculation in Blockchain for people that are really using them

Hagen Hübel
2 min readMar 26, 2021

Most guys of the crypto community are betting on higher prices without any knowledge about what this really means for the networks under the hood.

As an Ethereum-developer, my profit is as bigger as the lower the current Gas fees are because I have to spent less money in order to deploy my smart contracts on Chain and in order to interact with them.

As a “real customer” of Ethereum (which means here “Ethereum as a platform, as an operating resource”) we need modest Gas fees…

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