It takes 10,000 hobbyists to change the world. 10,000 Usenet hobbyists gave us the internet. 10,000 Homebrew computer hobbyists gave us the PC revolution. 10,000 Bitcoin hobbyists gave us money without authorities. 10,000 DeFi hobbyists are now giving us a bankless money system.
I understand being bullish on ETH and Ethereum. I understand being bearish on ETH and Ethereum. But I do not understand being bearish on ETH and bullish on Ethereum.
I think a new generation of millennials & gen-Zs will learn financial literacy through crypto.
Don't give me your opinion on Ethereum until you - Open an argent wallet - Send DAI using InstaPay - Lend ETH using compound - Take out a Maker CDP - Trade something on Uniswap Most of the people with hot takes on Ethereum haven't done even one of these things
USDT on Ethereum is poised to surpass USDT on Bitcoin in most major metrics over the coming months. Unthinkable a few years ago. All global assets will fall into the Ethereum gravity well.
Edgeware got 1.19m ETH in its lockdrop This tells me... ETH 2.0 won't have any problem getting 2m ETH staked (2m ETH is the amount required to initialize the Beacon chain in Phase 0 according to @dannyryan)
Hyperledger just announced an official client to integrate with public Ethereum. Corporations are going mainnet. And more developers are being employed by the Ethereum protocol everyday.
Block Reward Era (12 yrs): BTC secured by SoV demand. Transition Era (12 yrs): BTC secured by SoV demand & Bitcoin blockspace demand. Blockspace Era (∞): BTC secured by blockspace demand. To achieve highest security in later Eras, Bitcoin must maintain highest blockspace demand.
You can raise billions in funds for an Ethereum killer on the Ethereum network. Because the network is neutral. The US couldn't stop China from issuing a currency on Ethereum just like they can't stop China from using TCP/IP. The world powers will have a neutral financial system.