In this roundtable discussion, David Hoffman, ZeroXBreadGuy, Jon Charbonneau, and Andy8052 delve into the concept of Real Economic Value (REV) in crypto, sparked by a tweet from Jon comparing ETH and SOL valuations. They explore REV as a metric for network fees and MEV tips, debating whether it's a rational valuation or merely a correlation during peak on-chain activity. The conversation covers the utility value of block space, the relevance of REV for smart contracting platforms versus Bitcoin, and the challenges of valuing crypto assets. They discuss whether the utility and intrinsic value of crypto will align, the role of native assets versus stablecoins like USDC, and the potential impact of real-world assets on blockchain economies. The panelists also touch on the tribalism surrounding REV, the differences between Ethereum and Solana, and the future of app-level value capture.
