>How is any cryptocurrency even considered an investment vehicle? [...] [Y]ou are investing in a business by owning a part of it which naturally means that you will and do get the returns on it[.]
That is how Ethereum works. Validators get returns from Ethereum by holding shares, i.e. ETH. Validators, after EIP-1559, will be paid with newly minted ETH and anything over the base burn fee. (Currently there is no mandatory burning of fees.)
To stake in ETH 2.0 a stand alone validator needs 32 ETH (~$20,000). It reminds me of Outback's business model of requiring managers to buy in as stake holders (https://hbr.org/2005/09/a-stake-in-the-business).
This is before all the crazy features that can be built on top of eth-as-programmatic-money, such as lending. https://defipulse.com/
That is how Ethereum works. Validators get returns from Ethereum by holding shares, i.e. ETH. Validators, after EIP-1559, will be paid with newly minted ETH and anything over the base burn fee. (Currently there is no mandatory burning of fees.)
To stake in ETH 2.0 a stand alone validator needs 32 ETH (~$20,000). It reminds me of Outback's business model of requiring managers to buy in as stake holders (https://hbr.org/2005/09/a-stake-in-the-business).
This is before all the crazy features that can be built on top of eth-as-programmatic-money, such as lending. https://defipulse.com/