A friendly reminder that it has historically taken ~20 years for inventions to diffuse into mass-market innovations.

Ethereum’s invention of programmable money and smart contracts is barely ten years old. The roadmap is finally starting to click into place, and Pectra(s) next year will  be a leap forward with AA, Verkle trees, based rollups, etc.

The next ten years will see gradual architecture ossification and rapid adoption along the S-curve.

Drivers for that adoption will include real-world asset tokenization, an explosion in stablecoin usage for payments and remittance, TradFi using DeFi rails for loans and investments, and a trustless marketplace of autonomous agents capable of transacting through their own on-chain identity.

Forget about today’s shitcoins, ETHBTC ratio, Gary Gensler, and all that transient noise. Zoom out and the future is both bright and obvious.

Ten years from now, we will be writing “in retrospect, it was inevitable”.

You’re not bullish enough about Ethereum, anon

At the end of the 21st century, we’ll look back and, Ethereum will have been another technology that changed humanity over the course of a few decades

creating and destroying; built flying cars & autonomous vehicles, now building /faust, more here: /july, web: july.rocks

Principal at Cobalt Ventures. Write @ TheItinerant.io ; BenErsing.com Host: /venturecapital /finance /adventures