LondonReal is bringing us tons of great content. Here Raoul Pal explains how he sees that burning tokens leads to higher prices. He bought back into Bitcoin during 2020 and and calls it the greatest trade in the world. Now he mostly has ETH, some BTC and a basket of other defi protocols.

https://twitter.com/RaoulGMI

Ethereum is $3,135.26

Still -28.0% below its ATH of $4,356.99 on May 12, 2021
https://www.coingecko.com/en/coins/ethereum

Can Ethereum flip BTC? Is this possible?

Even if Ethereum breaks ₿0.14749840 (May 12, 2021) again, could 1 ETH ever be worth 2 BTC?

So lets imagine that ETH burns 90% of its tokens

Then there would only be 11 million ETH tokens. If it still had the same capitalization as it does right now, it might be worth $31,542.50. It looks like the fee burn rate is 3.18 ETH/min which would mean 90% of the ETH supply could be burned in 63 years. I will be nearly a hundred years old!