EthFinance

Solid take. In my industry (aviation), air cargo transports just 1% of the world’s trade by volume, but 35% by value.

There’s a demand market for speed. There’s also a market for trustlessness / resilience / Lindyness / credible neutrality. And there’s a market for inexpensive transactions. Ethereum is well positioned for all three

The winning proof system will be fast, not cheap. People are willing to pay for speed, especially if it unlocks interop via real time proving. Whoever gets here first will win, and will make enough $ to invest into making their proofs cheap afterwards.

Viktor Bunin 🛡️🇺🇸

Solid take. In my industry (aviation), air cargo transports just 1% of the world’s trade by volume, but 35% by value.

There’s a demand market for speed. There’s also a market for trustlessness / resilience / Lindyness / credible neutrality. And there’s a market for inexpensive transactions. Ethereum is well positioned for all three 

https://x.com/viktorbunin/status/1862869234742624298

Aviator, diver, Etherean, nexialist, PhD in aviation ∩ climate science | Host of /diving /ethfinance /eth-staker /geopolitics /science /singapore /thomas

I should have clarified: only 1% of trade by volume because air cargo is expensive, but 35% by value because air transport is fast, and customers of valuable and time-sensitive goods are happy to pay that premium.

I tried to make that analogy some time ago, but a little different (ETH having first and economy class), this one is better though.