I'll offer a different answer to this question than Mark Cuban

Crypto's unique benefit is that it dramatically reduces friction for most kinds of transactions and markets.

Everything we do is determined by friction, or what economists call transactions costs.

Your job, your…

Ethereum is the world's tokenization platform.

Every tokenized RWA needs to be on Ethereum- because that's where the customers and interop are.

The Bank of International Settlements agrees:

'Tokenized assets could drastically lower costs and delays in today's financial system,…

The best site to visualize Ethereum's hypergrowth is growthepie.xyz 🥧📏

Check out their awesome transaction count chart

Age of Ethereum

ETH's fundamentals look excellent.

Yet, many investors feel that ETH has too many headwinds:

Why buy ETH when Bitcoin's L2 app ecosystem is taking off?

Why buy ETH when the SEC is about to classify ETH as a security?

Why buy ETH when Solana is much more…

Every L2 and most of the app layer should be seriously considering

- that over half of Ethereum's active users may reside on Immutable X within three years

- how to access these IMX users for customer acquisition for your L2/app

The staking entry queue is on track to be empty for the first time since Dencun launched.

Every minute the queue is empty detracts from the case to rush ETH monetary policy changes- or change it at all.

validatorqueue.com

More and more people are realizing that efficiency and novel capabilities are the most important parts of going onchain, and that decentralization is a requirement for scale but not the primary source of value.

This is bullish because it means more and more people are realizing…

A second order effect of Coinbase Magic Spend is that many tradfi organizations will go from thinking of the crypto financial system as an isolated parallel system to an untapped opportunity. They'll think, 'why can't my customers trade on uniswap?'

Use secure transfer links to avoid poisoning

Here's mine 3cities.xyz/#/pay?c=Cj3WFa…
Password: 123

You're still trusting the app, but
- you know the address hasn't been fished
- wallet shows erc20 transfer before signing, can recheck
- app available on ipfs and soon, run locally

Stay bullish. Halvings add huge upward reflexivity. By the time BTC hits $140k, the halving is worth $450M/week in avoided miner payments- those are sold daily or banked to dump at the top. New ETFs add reflexivity. ETH ratio cycle highs will be at least as good as last cycle.

An ungoverned, non upgradable LST would be a beast

Use EIP 4788 for trustless staking rewards & slashing detection

Use EIP 7002 for withdrawals initiated from the LST

Hardcode a single non-custodial staking operator, the world best Attestant ⟠

How do we solve the self custody hurdle for billions of users? Let them use web3 without self custody:

'I just spent ETH from my Coinbase retail account and used it to buy a token in uniswap'

The 1,000x onramp is to have no onramp 🤯🤯🤯

Coming soon to Ethereum

The cost of the ETF hype pre halvening is that miners were paid an extra ~$3 billion vs. similar BTC performance in past cycles. That's ~25% of ETF net flows. How's that for a management fee?

Just launched a new way to check your address for airdrop allocations

1. Go to defillama.com/airdrops
2. Click 'Check airdrops for address'
3. Input any address
4. We'll display EIGEN allocation + other airdrops

No need to sign anything with wallet or go through hoops anymore

Imagine the counterfactual where the SEC
- provided consistent guidance for the last decade
- started going after Ethereum a full cycle earlier, when we were less prepared and well capitalized
- eliminated their hypocrisy by actually providing a real path to register, but made…

The rise of public chains is similar to railways in the 19th century.

Tracks are being laid and will retain huge network effects.

But unlike railways, chains are hierarchical.

ETH is an investment in the global root hub railway, yet also non debt money in this crisis era 🤯

At $1.2 trillion, Japan is the largest foreign holder of US Treasuries.

Give it a few more years, and Ethereum's diversity of stablecoins that extend US Dollar dominance are going to look less like a nuisance to Congress and more like a gift from god.

Nice to see stripe accepting crypto payments. But it'd be cool if it supported many L2s, more stablecoins, ETH payments, automatically picked the best token & chain to pay for you, was open source, decentralized, and embeddable in any app. That'd be great for Ethereum.

If a chain had $10B in fees, no burn, and $1B issuance, with all validators cheap to run, tax free in Dubai, and reinvesting issuance, then according to 'burn is revenue and issuance is expense', the chain lost $1B, even though users paid $10B and validators paid ~$0. Bad model

'Cryptocurrencies are non-debt monies. I don’t know of any other types of non-debt monies besides gold and cryptocurrencies.'
- Ray Dalio

Comfy in ETH, the only non-debt money that is also the bedrock of the new financial system