News about Price

More / Etherum Reddit - 2 years ago

Layer 2 Scaling bad for Layer 1 Price

So I get how layer 2 is bullish for scaling, and potentially speed, but won't this be bearish for ETH price? My logic: Less demand for L1 block space if they use L2s, less transactions on layer one as they occur on L2s and overall less fees accru...