The simplest durable lesson here is this: a blockspace economy acts like real estate: value accrues where activity is forced to settle.
Core idea: Layer 1 blockchains sell blockspace. If no one wants to build there, the token is just a speculative placeholder without structural cash flows.
Why it matters: Actual fee generation separates networks with real utility from ghost chains.
In real life: High transaction fees on Ethereum signify robust demand to settle transactions, which fundamentally underpins ETH burning and value.
Common slip: Assuming network value scales with transactions without looking at the fees those transactions actually pay.
Try this: Explain in one sentence what problem this idea solves and what problem it does not solve.
That is the kind of small conceptual habit that compounds into better decisions over time.
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