
The author, a crypto investor, humorously acknowledges the unconventional nature of applying a traditional finance metric like the Price-to-Earnings (P/E) ratio to a layer 1 blockchain. This suggests a potential emerging trend or discussion point within crypto investing where traditional valuation methods are being explored for digital assets, though it's not yet a widely accepted practice. Investors might consider researching how P/E ratios could theoretically be adapted for blockchain protocols as a novel analytical approach.

By mdudas
crypto investor @6thManVentures // co-founder @theblock__ @linksdao // @moonbirds kol